Search: CPI

Sort by: Relevance Date
1–9 of 9 collapsed search results for CPI

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.

Search Results

The Distribution and Measurement of Inflation

1 Sep 1998 RDP 9810
Jonathan Kearns
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1998/9810.html

Introduction

1 Sep 1998 RDP 9810
Jonathan Kearns
In any given quarter, components of the CPI may be subject to transitory price movements, due simply to volatility or sharp exchange rate movements that are likely to be reversed over ... Alternatively, there may be infrequent changes in the prices of
https://www.rba.gov.au/publications/rdp/1998/1998-10/introduction.html

Appendix A: Derivation of the Weights

1 Sep 1998 RDP 9810
Jonathan Kearns
th. through 12. th. CPI series. The CPI is based in the 11. ... 3. Each series is spliced to the base period. The level of the CPI at time t is:.
https://www.rba.gov.au/publications/rdp/1998/1998-10/appendix-a.html

Appendix C: Example of the Calculation of Trimmed Means

1 Sep 1998 RDP 9810
Jonathan Kearns
of the CPI basket whose price changes lie in the tails of the cross-sectional distribution of price changes. ... Since the price change for each CPI component is the average price change for all goods and services in that component, the distribution
https://www.rba.gov.au/publications/rdp/1998/1998-10/appendix-c.html

Behaviour of Price Changes

1 Sep 1998 RDP 9810
Jonathan Kearns
th. series of the CPI to be introduced from September 1998 (ABS 1997b). ... For the remainder of this paper, ‘CPI’ and ‘total CPI’ will refer to the CPI excluding interest charges.
https://www.rba.gov.au/publications/rdp/1998/1998-10/behaviour-of-price-changes.html

Measuring Core Inflation

1 Sep 1998 RDP 9810
Jonathan Kearns
It plots the MADs for a range of trimmed means from a five-quarter-centred moving average of total CPI inflation. ... The side axis shows the size of the trim, ranging from 0 (the total CPI basket is retained) to 100 (a complete trim).
https://www.rba.gov.au/publications/rdp/1998/1998-10/measuring-core-inflation.html

Conclusion

1 Sep 1998 RDP 9810
Jonathan Kearns
It was also found that because the distribution of CPI component price changes is systematically positively skewed, trimmed means should be centred on a percentile higher than the 50. ... These findings highlight that an understanding of the distribution
https://www.rba.gov.au/publications/rdp/1998/1998-10/conclusion.html

Appendix B: Component Frequency in the Distribution Tails

1 Sep 1998 RDP 9810
Jonathan Kearns
Download the Paper 326. KB. Table B1 lists the components of the Australian CPI and the number of quarters each is further than one, one-and-a-half, and two standard
https://www.rba.gov.au/publications/rdp/1998/1998-10/appendix-b.html

Behaviour of the Statistical Core Inflation Series

1 Sep 1998 RDP 9810
Jonathan Kearns
In the early 1980s, the core CPI series did not reflect the enormous changes in medical costs. ... In December 1992 and March 1993, and then again in the June and September quarters of 1995 the quarterly rate of inflation measured by the CPI jumped.
https://www.rba.gov.au/publications/rdp/1998/1998-10/behaviour-of-the-statistical-core-inflation-series.html