Australian Bureau of Statistics
Uploaded by: Knoema
Accessed On: 22 June, 2017
The Consumer Price Index (CPI) measures quarterly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i.e. metropolitan households). This 'basket' covers a wide range of goods and services, arranged in the following eleven groups:Food and non-alcoholic beveragesAlcohol and tobaccoClothing and footwearHousingFurnishings, household equipment and servicesHealthTransportCommunicationRecreation and cultureEducationInsurance and financial services.