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Consumer Price Index Rebase

The Consumer Price Index (CPI) has been reviewed and now has a new expression base of December quarter 2006=100. The March quarter 2007 CPI is the first quarter to be released on the new base. As part of the review, the basket of goods and services has been updated to ensure that the index represents current household expenditure patterns.

The most significant difference in the new weights when compared to the 1998 base were the Housing group, from 7.0% in 1998 to 13.2% in 2006 and similarly with Tobacco & Alcohol, from 15.9% of the total basket to 8.1%.

The weights for the CPI expenditure basket are derived principally from the Household Expenditure Survey (HES). Some expenditure such as investments is considered outside the scope of the CPI and is excluded. Other expenditure items for which price change is too difficult to measure, e.g. housie and raffle tickets are also excluded.

Detailed tables are available here. Or Contact the Office for more information


Consumer Price Index

The Consumer Price Index for March quarter 2008 was 106.1, up by 5.9% over March quarter 2007.

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Population Estimates & Vital Statistics

Resident population estimate for December Quarter 2007 stood at 11,900 showing a decrease of 4.8% when compared to December Quarter 2006.

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Trade statistics

The balance of trade for December quarter 2007 stood at $67.3 million.

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Tourism Migration

Total visitor arrivals for December quarter 2007 (25,065) decreased by 12.7% when compared to the previous quarter (28,706).

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Taxation statistics

Gross Turnover for September quarter 2007 increased by 10.8% when compared to the previous quarter and a further increase of 2.6% when compared to September quarter 2006.

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Banking Statistics

Total lending for December quarter 2007 has improved by 8.3% over the previous quarter.

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Miscellaneous Statistics

Total building permits issued for December quarter 2007 stood at 32.

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Date this website was last updated: 14 April, 2008