Local Government Price Index: Decemeber 2011

The Local Government Price Index (LGPI) was recently updated for the December 2011 quarter.

The LGPI measures price movements faced by Local Government in South Australia in respect of their purchases of goods and services.

The latest release takes into account local government broad expenditure patterns for 2010/11. The inclusion of latest expenditure data can lead to minor revisions for estimates published in the most recent September quarter and there were minor changes to the recurrent expenditure and capital expenditure LGPIs.  However, these revisions tended to cancel each other out leaving the total expenditure LGPI for the September quarter 2011 unchanged.

The LGPI rose by 1.3 per cent in the December quarter 2011. In comparison, the Adelaide Consumer Price Index fell by 0.1 per cent for the December quarter.

Looking at changes over the year, the LGPI rose by 4.4 per cent through the year to the December quarter 2011, compared with a 3.6 per cent increase in the Adelaide Consumer Price Index over this period.

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