What is the current cpi index in australia
The Consumer Price Index for Australia is 116.2 for the month of December 2019.The inflation rate year over year is 1.8% (compared to 1.7% for the previous month). Inflation from September 2019 to December 2019 was 0.7%. The annual inflation rate in Australia rose to 1.6 percent in the June quarter 2019 from a 2-1/2-year low of 1.3 percent in the previous period. The latest CPI reading was above market consensus of 1.5 percent, as food inflation hit its highest in nearly five years while transport prices picked up strongly. Price indexes and inflation including producer price index (PPI), consumer price index (CPI), wage price index (WPI) and house price index. Price Indexes and Inflation - Australian Bureau of Statistics Australia's headline CPI growth picked up to 0.7% q/q in the December quarter, from 0.5% in the September quarter. The major upward contributions came from tobacco, which rose by 8.4%, domestic travel and accommodation, which rose 7.3%, and fuel, which rose 4.4%. The drought impact was clear in the data and contributed to food prices rising by 1.3%, with major upward contributions coming from Australia's Consumer Price Index (CPI) growth was measured at 1.8 % YoY in Dec 2019, compared with a rate of 1.7 % in the previous quarter. Australia's Consumer Price Index growth data is updated quarterly, available from Dec 1987 to Dec 2019, with an averaged number of 2.5 % YoY. The data reached an all-time high of 8.5 % YoY in Mar 1990 and a record low of -0.3 % YoY in Dec 1997. The Consumer Price Index (CPI) is probably, rightly or wrongly, the most commonly used statistic in the calculation of inflation. The percentage movements in the CPI are used in the 'indexation' of: various social welfare benefits provided by the government, eg basic family payments government
Statistical releases relating to the Consumer Price Index (CPI) which 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).
The CPI was first compiled in 1960, with index numbers backcast to 1948. Since its inception in its current form in 1960, reviews of the CPI have usually been carried out at about six-yearly intervals. From the introduction of the 17th series CPI in the December quarter 2017, reviews are conducted annually. The Consumer Price Index for Australia is 116.2 for the month of December 2019.The inflation rate year over year is 1.8% (compared to 1.7% for the previous month). Inflation from September 2019 to December 2019 was 0.7%. The annual inflation rate in Australia rose to 1.6 percent in the June quarter 2019 from a 2-1/2-year low of 1.3 percent in the previous period. The latest CPI reading was above market consensus of 1.5 percent, as food inflation hit its highest in nearly five years while transport prices picked up strongly. Price indexes and inflation including producer price index (PPI), consumer price index (CPI), wage price index (WPI) and house price index. Price Indexes and Inflation - Australian Bureau of Statistics
Inflation measured by consumer price index (CPI) is defined as the change in Australia, 1.312, 1.328, 1.336, 1.354, 1.367, 1.388, 1.404, 1.428, 1.479, 1.441
The Consumer Price Index for Australia is 116.2 for the month of December 2019.The inflation rate year over year is 1.8% (compared to 1.7% for the previous month). Inflation from September 2019 to December 2019 was 0.7%. The annual inflation rate in Australia rose to 1.6 percent in the June quarter 2019 from a 2-1/2-year low of 1.3 percent in the previous period. The latest CPI reading was above market consensus of 1.5 percent, as food inflation hit its highest in nearly five years while transport prices picked up strongly. Price indexes and inflation including producer price index (PPI), consumer price index (CPI), wage price index (WPI) and house price index. Price Indexes and Inflation - Australian Bureau of Statistics Australia's headline CPI growth picked up to 0.7% q/q in the December quarter, from 0.5% in the September quarter. The major upward contributions came from tobacco, which rose by 8.4%, domestic travel and accommodation, which rose 7.3%, and fuel, which rose 4.4%. The drought impact was clear in the data and contributed to food prices rising by 1.3%, with major upward contributions coming from Australia's Consumer Price Index (CPI) growth was measured at 1.8 % YoY in Dec 2019, compared with a rate of 1.7 % in the previous quarter. Australia's Consumer Price Index growth data is updated quarterly, available from Dec 1987 to Dec 2019, with an averaged number of 2.5 % YoY. The data reached an all-time high of 8.5 % YoY in Mar 1990 and a record low of -0.3 % YoY in Dec 1997. The Consumer Price Index (CPI) is probably, rightly or wrongly, the most commonly used statistic in the calculation of inflation. The percentage movements in the CPI are used in the 'indexation' of: various social welfare benefits provided by the government, eg basic family payments government Australia’s Consumer Price Index Growth is forecasted to be 1.597 % in Dec 2019 as reported by International Monetary Fund - World Economic Outlook. It records an increase from the last reported number of 1.956 % in Dec 2018. Looking ahead, Australia’s Consumer Price Index Growth is projected to stand at 2.544 % in Dec 2024. The data is updated yearly and is categorized in CEIC under World
This table shows the monthly All-Items Consumer Price Index (CPI-U) as well as the annual and monthly inflation rates for the United States in 2019. You can find upcoming CPI release dates on our schedule page. These numbers are released by the Bureau of Labor Statistics.
Australia's headline CPI growth picked up to 0.7% q/q in the December quarter, from 0.5% in the September quarter. The major upward contributions came from tobacco, which rose by 8.4%, domestic travel and accommodation, which rose 7.3%, and fuel, which rose 4.4%. The drought impact was clear in the data and contributed to food prices rising by 1.3%, with major upward contributions coming from The CPI for Australia is calculated and issued by the Australian Bureau of Statistics.CPI data is calculated on a quarterly basis (March, June, September, December) and the CPI for each quarter is released on the fourth Wednesday of the month following the end of that quarter. Consumer Price Index CPI in Australia increased to 116.20 points in the fourth quarter of 2019 from 115.40 points in the third quarter of 2019. Consumer Price Index CPI in Australia averaged 45.96 points from 1950 until 2019, reaching an all time high of 116.20 points in the fourth quarter of 2019 and a record low of 4.20 points in the first quarter of 1950. This page provides - Australia
During the same period, the CPI for the eight capital cities in Australia increased 1.6%. The Consumer Price Index is an indicator of the inflation rate run by the
Consumer price index (CPI) rates. Consumer price index (CPI) rates are published by the Australian Bureau of Statistics (ABS). We reproduce the rates here as these are relevant to some provisions in tax and superannuation law.
Year, Annual Average, Annual Percent Change (rate of inflation). 1913. 9.9. 1914 . 10.0. 1.3%. 1915. 10.1. 0.9%. 1916. 10.9. 7.7%. 1917. 12.8. 17.8%. 1918. 15.0.