Index reference base – 2011–12

What is the CPI for 2021 in Australia?

The Consumer Price Index (CPI) rose 0.8 per cent in the September 2021 quarter, according to the latest data from the Australian Bureau of Statistics (ABS).

What is the CPI index for 2021?

What is the current CPI 2020?

The Consumer Price Index for All Urban Consumers increased 5.4 percent, not seasonally adjusted, from June 2020 to June 2021, the largest 12-month advance since the year ended August 2008. Consumer prices increased 4.7 percent from February 2020 to June 2021.

How is CPI calculated in Australia?

In Australia, the CPI is calculated by the Australian Bureau of Statistics (ABS) and published once a quarter. Every quarter, the ABS calculates the price changes of each item from the previous quarter and aggregates them to work out the inflation rate for the entire CPI basket.

What is the Australian retail price index (RPI) series based on?

From the September quarter 1948 onwards, the series used is based on the Consumer Price Index (CPI) published by the Australian Bureau of Statistics (ABS). Prior to this, a variety of different retail price indices constructed by the Australian Statistician have been used.

When will the consumer price index be released in Australia?

Consumer Price Index, Australia, December 2021 Release date 25/01/2022

What type of RPI is used for financial year data?

Also, for calendar and financial year data from the September quarter 1946 to the June quarter 1948, the ‘C Series’ RPI is used but with its rents component replaced by the housing group of the CPI. From the September quarter 1948 onwards, the ‘Quarterly’ calculator uses the CPI published by the ABS.

What are CPI exclusion-based measures?

The Australian Bureau of Statistics (ABS) produces a range of Consumer Price Index exclusion-based measures, which remove selected components from the CPI basket. Typically, the removed components have volatile price change and/or a pronounced seasonal pattern.