|Adjustments||Not Seasonally Adjusted|
In Australia, Consumer Price Index statistics are compiled by the Australian Bureau of Statistics.
The dataset presents the movements in retail prices of goods and services commonly purchased by metropolitan households. The goods and services are divided into the following groups: food; alcohol and tobacco; clothing and footwear; housing; household contents and services; health; transportation; communication; recreation; education; and financial and insurance services.
The data is updated quarterly.
The Consumer Price Index (CPI) measures quarterly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i.e. metropolitan households). This 'basket' covers a wide range of goods and services, arranged in the following eleven groups:
CPI original indexes are revised only in exceptional circumstances, such as to correct a significant error. Seasonal adjustment factors are calculated using the history of price changes up to the current quarter CPI and are revised each quarter.
For further explanatory notes, please go to: http://www.abs.gov.au/AUSSTATS/[email protected]/Lookup/6401.0Explanatory%20Notes1Dec%202008?OpenDocument