Consumer Price Inflation measures the change in the prices of a basket of goods and services purchased by Households. The main Australian CPI groups include:
◦ Food and non-alcoholic beverages
◦ Alcohol and tobacco
◦ Clothing and footwear
◦ Housing
◦ Furnishings, household equipment and services
◦ Health
|
◦ Transport
◦ Communication
◦ Recreation and culture
◦ Education
◦ Insurance and financial services.
|