DATA
Consumer Price Index (CPI)
AUSTRALIA
ABS Published Monthly and Quarterly CPI
Source:
Australian Bureau of Statistics (ABS)
Access:
Paid (Trial available)
Data is hosted exclusively on the Snowflake Marketplace.
Description
This listing includes data from the following Australian organisation that has made their data freely available under Creative Commons licencing.
The Australian Bureau of Statistics (ABS)
The CPI indicator is a measure of inflation and includes statistics about prices for categories of households expenditure. The quarterly and monthly CPI measures change in the price of consumer goods in the Australian market over time.
It is constructed using a weighted basket of goods and services representing typical household expenditure, with weights derived from the Household Expenditure Survey. It is calculated across capital cities and aggregated into a national index, expressed relative to a base year.
The CPI plays a central role in economic policy, particularly for inflation targeting by the Reserve Bank of Australia, as well as in wage negotiations and contract indexation.
Details
Category
Economy
Geographic Coverage
Australia (by Country)
Refreshes
Monthly
Access
Paid (Trial available)
Schemas available
- CONSUMER_PRICE_INDEX_AU_PAID
Tables available
- CONSUMER_PRICE_INDEX_INDICATOR
Cloud Region Availability - AWS
Asia Pacific (Jakarta)
Asia Pacific (Mumbai)
Asia Pacific (Osaka)
Asia Pacific (Seoul)
Asia Pacific (Singapore)
Asia Pacific (Sydney)
Asia Pacific (Tokyo)
Cloud Region Availability - Azure
Australia East (New South Wales)
Central India (Pune)
Japan East (Tokyo, Saitama)
Korea Central (Seoul)
Southeast Asia (Singapore)
Cloud Region Availability - GCP
Australia Southeast 2 (Melbourne)
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Use Cases
Economic Impact Analysis
Assess how inflation influences business performance, operational costs, and customer behaviour. CPI data provides a reliable macroeconomic benchmark to evaluate the broader economic environment and its downstream effects on revenue and profitability.
Pricing Analysis
Use CPI trends to inform dynamic pricing strategies by understanding how inflation impacts consumer purchasing power and cost structures. Businesses can align pricing with market conditions, protect margins, and remain competitive in inflationary or deflationary environments.
Demand Forecasting
Incorporate CPI data into forecasting models to anticipate shifts in consumer demand. Rising inflation often signals reduced discretionary spending, enabling businesses to proactively adjust inventory, production, and marketing strategies.
Market Analysis
Analyse CPI movements across categories to identify macroeconomic trends and sector-specific cost pressures. This helps organisations understand which industries or product categories are most impacted by inflation and where growth opportunities or risks may emerge.
Risk Analysis
Use CPI as a leading indicator of economic volatility to inform risk models. Businesses can identify inflation-driven risks such as margin compression, reduced consumer spending, or supply chain cost increases, and adjust strategies accordingly.
Asset Valuation
Incorporate CPI into valuation models to account for inflation-adjusted performance. This is critical for long-term assets such as property and infrastructure, where real value over time must be accurately assessed.
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