What is the current consumer price index rate in Australia?

What is the current consumer price index rate in Australia?

around 123.73 points
In the long-term, the Australia Consumer Price Index (CPI) is projected to trend around 123.73 points in 2022 and 126.83 points in 2023, according to our econometric models.

WHO releases the Consumer Price Index?

In the US, CPI figures are prepared monthly by the Bureau of Labor Statistics of the United States Department of Labor. The CPI-U includes expenditures by all urban consumers.

WHO releases WPI?

Office of the Economic Adviser
The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing index numbers of wholesale price in India (Base Year: 2011-12) for the month of November, 2021 (Provisional) and for the month of September, 2021 (Final) in this press release.

What are the consumer price index dates for Australia 2021?

Consumer Price Index, Australia, March 2021 Release date 28/04/2021. Consumer Price Index, Australia, June 2021 Release date 28/07/2021. Consumer Price Index, Australia, September 2021 Release date 27/10/2021. Consumer Price Index, Australia, December 2021 Release date 25/01/2022.

What does the Consumer Price Index measure?

The Consumer Price Index (CPI) measures household inflation and includes statistics about price change for categories of household expenditure The Consumer Price Index (CPI) rose 0.9% this quarter. Over the twelve months to the December 2020 quarter the CPI rose 0.9%. The most significant price rise was tobacco (+10.9%).

How did the CPI rise in Australia’s capital cities?

At the All groups level, the CPI rose in all eight capital cities, ranging from 0.3% in Melbourne to 1.4% in Perth and 2.6% in Darwin. In all capital cities: Automotive fuel rose, reflecting a further recovery in world oil consumption following large falls in early 2020 as a result of the COVID-19 related lockdowns.

What is the capital city index used by CPI?

Capital city indexes used by the CPI are based on the 2011 Australian Statistical Geography Standard (ASGS) Greater Capital City Statistical Areas. The capital city indexes measure price movements over time in each city individually. They do not measure differences in retail price levels between cities.

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