Grocery Prices (CPI) — methodology
Category: Economy & Jobs · Unit: index (ABS CPI) · Published quarterly
What this metric measures
The consumer price index for food and non-alcoholic beverages across the capital cities.
Why it matters: Food is the most visible cost-of-living pressure for households. This index shows how fast grocery prices are moving relative to the rest of the basket.
Source & provenance
- Publisher
- ABS CPI - Food and non-alcoholic beverages (index)
- Update frequency
- quarterly
- Licence
- CC BY 4.0
How the score is computed
The score is a 0–100 normalisation of the latest observation, compared to a baseline window. The traffic-light rating (RAG) reflects both the absolute level and the recent trend.
- Direction
- Lower is better
- Trend window
- 24 months
- Baseline
- Last 10 years
Thresholds:
{
"red_min_pct_of_baseline": 110,
"amber_max_pct_of_baseline": 110,
"green_max_pct_of_baseline": 95
}See related corrections at /corrections, or the live data and chart at https://www.australiametrics.org/metric/cpi-food.