CPI June Quarter 2019

RELEASE STATEMENT

Highlights

The Consumer Price Index for June Quarter 2019 showed increases with major changes in Transport, Recreation and Restaurants & Hotels. The June Quarter CPI also showed a decrease in the Communication Group.

 

Facts

The Headline CPI increased showing 0.8 percent from March quarter 2019 to June quarter 2019.

The Headline CPI also shows annual change of 4 percent from June quarter 2018 to June quarter 2019.    

   

The main contributors to the change in the June Quarter 2019 CPI are;

  • Transport Group (+2.5%)

The main contributor to the rise in Transport Group index this quarter was the Motor Vehicle Registration Fees (+32%)

  • Restaurants and Hotels Group (+1.7%)

The main contributor to the rise in Restaurants and Hotels group index this quarter was the prices of Hotel Accommodations (+3.7%).                             

  • Communication (-3.0%)

The main contributor to the decrease in the Communication Group index this quarter was the Internet rates (- 40%)

The quarterly percentage changes in all CPI towns are;

 

CPI TOWNS INDEX NUMBERS PERCENTAGE CHANGE

Mar Qtr 2019 Jun Qtr 2019

% CHANGE

Jun Qtr 2018 Jun Qtr 2019

% CHANGE

Port Moresby

Lae

Goroka-Mt Hagen-Madang

Alotau-Kimbe-Rabaul

Weighted average of eight CPI towns

1.0

0.8

0.9

0.4

0.8

3.7

5.6

3.0

3.2

4.0

 

The percentage changes in the CPI by major expenditure groups from previous quarter are:

 

ALL GROUPS WEIGHTED AVERAGE PERCENTAGE CHANGES

Mar Qtr 2019 Jun Qtr 2019

% CHANGE

Jun Qtr 2018 Jun Qtr 2019

% CHANGE

All groups

Food and Non - Alcoholic Beverages

Alcoholic Beverages, Tobacco and Betelnut

Clothing and Footwear

Housing

Household Equipment

Transport

Communication

Health

Recreation

Education

Restaurants and Hotels

Miscellaneous

All groupings excluding Housing

0.8

0.7

1.5

 

-1.0

0.5

1.4

2.5

-3.0

-1.4

1.9

0.0

1.7

0.9

0.8

4.0

3.6

3.9

 

1.0

4.9

2.3

8.4

-3.0

2.0

5.1

2.2

7.0

2.8

3.8

 

Download June_Quarter_2019.xlsx