Search: CPI

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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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Data

1 Dec 1987 RDP 8713
Tony Richards and Glenn Stevens
The deflator measures import prices on an f.o.b. basis. For the purposes of the CPI equation the deflator is multiplied by an average customs and tariff rate derived from ... Both these variables provide a considerably superior explanation to a CPI
https://www.rba.gov.au/publications/rdp/1987/8713/data.html

Estimation Results

1 Dec 1987 RDP 8713
Tony Richards and Glenn Stevens
Download the Paper 811. KB. The dependent variable is the CPI excluding health. ... This would be a further reason for instability because of the influence of domestically-consumed exportables in the CPI.
https://www.rba.gov.au/publications/rdp/1987/8713/estimation-results.html

The Effects of the Depreciation

1 Dec 1987 RDP 8713
Tony Richards and Glenn Stevens
Download the Paper 811. KB. This section describes a “no-depreciation” counterfactual simulation, using the CPI model described in Section 3 and estimated in Section 4. ... for the total CPI would be higher by around 0.5 percentage points in the year
https://www.rba.gov.au/publications/rdp/1987/8713/the-effects-of-the-depreciation.html

Conclusion

1 Dec 1987 RDP 8713
Tony Richards and Glenn Stevens
more stable in 1987 than in the previous two years, it follows that most of the exchange rate effects upon the CPI should have passed by late 1987.
https://www.rba.gov.au/publications/rdp/1987/8713/conclusion.html