QTPA Member Alert | ABS Consumer Price Index, Australia, Mar 2012 (26/4/2012)
ABS Consumer Price Index, Australia, Mar 2012
MARCH 2012 KEY FIGURES
| Dec Qtr 2011 to Mar Qtr 2012 | Mar Qtr 2011 to Mar Qtr 2012 | |||
| Weighted average of eight capital cities | % change | % change | ||
| All groups CPI | 0.1 | 1.6 | ||
| Food and non-alcoholic beverages | -2.1 | -2.5 | ||
| Alcohol and tobacco | 1.4 | 3.5 | ||
| Clothing and footwear | -1.8 | 1.5 | ||
| Housing | 0.6 | 3.4 | ||
| Furnishings, household equipment and services | -1.1 | 0.7 | ||
| Health | 4.4 | 4.2 | ||
| Transport | 1.1 | 2.5 | ||
| Communication | 0.1 | 1.6 | ||
| Recreation and culture | -2.0 | -0.9 | ||
| Education | 6.0 | 6.0 | ||
| Insurance and financial services | 1.0 | 4.0 | ||
| CPI analytical series | ||||
| All groups CPI, seasonally adjusted | -0.2 | 1.5 | ||
| Trimmed mean | 0.3 | 2.2 | ||
| Weighted median | 0.4 | 2.1 | ||
All Groups CPI, Quarterly change | Contribution to quarterly change | |||
MARCH KEY POINTS
THE ALL GROUPS CPI
- rose 0.1% in the March quarter 2012, compared with no change in the December quarter 2011.
- rose 1.6% through the year to the March quarter 2012, compared with a rise of 3.1% through the year to the December quarter 2011.
OVERVIEW OF CPI MOVEMENTS
- The most significant price rises this quarter were for pharmaceutical products (+14.1%), secondary education (+7.7%), automotive fuel (+2.5%), medical and hospital services (+2.1%), tertiary education (+4.7%) and rents (+1.0%).
The most significant price falls this quarter were for fruit (-30.0%), international holiday travel and accommodation (-4.8%), furniture (-6.0%), audio, visual and computing equipment (-6.3%) and domestic holiday travel and accommodation (-2.0%)
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