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RBA Glossary definition for CPI

CPI – Consumer Price Index. A general measure of price inflation for the household sector compiled and published by the Australian Bureau of Statistics.

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3 October 2023 | Minutes of the Monetary Policy Meeting of the Board

17 Oct 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 October 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-10-03.html

The Debate on Alternatives for Monetary Policy in Australia | Conference – 1997

21 Jul 1997 Conferences
Malcolm Edey
keeping the level of the CPI constant. ... The argument is that this would provide an automatic mechanism guaranteeing general price stability – in effect, whenever the CPI was above its target level, the public would have the right to
https://www.rba.gov.au/publications/confs/1997/edey.html

Discussion on Productivity: The Lost Decade | Conference – 2011

16 Aug 2011 Conferences
1993–2004. (a). 2005–current. Inflation-targeting. period. CPI. 2.5. 3.1. 2.7. Non-tradable prices. ... Non-tradable items include housing, utilities, education, health, personal services and child care, and comprise around 60 per cent of the CPI by
https://www.rba.gov.au/publications/confs/2011/eslake-disc.html

4 April 2023 | Minutes of the Monetary Policy Meeting of the Board

18 Apr 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 April 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-04-04.html

5 December 2023 | Minutes of the Monetary Policy Meeting of the Board

19 Dec 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 December 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-12-05.html

1 August 2023 | Minutes of the Monetary Policy Meeting of the Board

15 Aug 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 August 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-08-01.html

1 April 2008 | Minutes of the Monetary Policy Meeting of the Board

15 Apr 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 April 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/01042008.html

Twenty-five Years of Inflation Targeting in Australia | Conference – 2018

12 Apr 2018 Conferences
Guy Debelle
As a result, the price level as measured by the CPI increased by 3 per cent overnight (Figure 2). ... Hence inflation as measured by the CPI was boosted, in a year-ended sense, by 3 percentage points for the next 12 months.
https://www.rba.gov.au/publications/confs/2018/debelle.html

Trade, Multinationals and Labour | Conference – 1994

11 Jul 1994 Conferences
Robert Z. Lawrence
A second major compositional difference between the CPI and the business sector output used in measuring productivity is housing. ... Between 1979 and 1991, the index of shelter prices increased by 17 per cent more rapidly than the rest of the CPI.
https://www.rba.gov.au/publications/confs/1994/lawrence.html

Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018

12 Apr 2018 Conferences
Ben Broadbent
The MPC's primary target is inflation, as measured by the rate of change of the Consumer Prices Index (CPI). ... We get to see the CPI every month, it's never revised, and it's therefore reasonably clear over time whether the target has been reached.
https://www.rba.gov.au/publications/confs/2018/broadbent.html