Australian Price Indices

  • Australia

Price Indices

Indicator    Date Change
Consumer Price Index 180.4 Q2 2012 +0.50 %
Consumer Price Index (Annual Change) 2.9 Q1 2014
Consumer Price Index (Quarterly Change) 0.6 Q1 2014
Core Consumer Price Index 105.4 Q1 2014 +0.48 %
Core Consumer Price Index (Annual Change) 2.7 Q1 2014
Core Consumer Price Index (Quarterly Change) 0.5 Q1 2014
Producer Price Index 141.4 Q2 2012 +0.50 %
Producer Price Index (Annual Change) 1.1 Q2 2012
Producer Price Index (Quarterly Change) 0.5 Q2 2012
Trade Weighted Index 71.3 May 29, 2014 +0.14 %
Trimmed Mean Consumer Price Index (Annual Change) 2.6 Q1 2014
Trimmed Mean Consumer Price Index (Quarterly Change) 0.5 Q1 2014
Wage Price Index 118.0 Q1 2014 +0.68 %
Wage Price Index (Change) 0.7 Q1 2014
The goal of the various price indices is to measure the price changes for an array of products on a month-by-month basis, thereby to gauge the level of inflation. Two well known price indices are the Producer Price Index (PPI) and the Consumer Price Index (CPI). The PPI measures the month-by-month change in prices that producers receive for their products, retrieved using surveys from various sectors including manufacturing, agriculture, mining, and utilities. The CPI is a consumer-level analysis of the month-by-month cost to buy a set basket of goods and services. It is considered one of the most effective indicators revealing the current state of inflation in an economy.
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