Territory Stories

Unemployment surge

Details:

Title

Unemployment surge

Member

Elferink, John

Political affiliation

Country Liberals

Collection

Media Releases for 11th Assembly 2008 - 2012; Media Releases; ParliamentNT

Date

2012-03-08

Language

English

Subject

Employment

Publisher name

Northern Territory Opposition

File type

application/pdf

Use

Issued as a Media Release

Copyright owner

Northern Territory Opposition - Country Liberals

Parent handle

https://hdl.handle.net/10070/241073

Citation address

https://hdl.handle.net/10070/621078

Related items

https://hdl.handle.net/10070/621076

Page content

Grocery Price Survey December 2011 Page 3 of 6 Darwin Region In the Darwin region, the average cost of the basket in December 2011 was $203.14, a decrease of $6.01 (2.9 per cent), compared to June 2011. The cheapest basket in Darwin was $196.82 at Coles Northlakes while the most expensive basket was $208.77 at Coles City store in Darwin. Since December 2010, prices increased in four of the eight product categories with household supplies the largest contributor to annual growth at 8.51 percentage points. Lower prices in the dairy and related products and other food categories were the largest detractors from growth, subtracting 1.11 and 1.57 percentage points respectively (Chart 3). Alice Springs In Alice Springs, the average cost of the basket in December 2011 was $196.11, an increase of $12.95 (7.1 per cent) since December 2010. Historically, prices have been lower in Alice Springs than in Darwin, largely due to its closer proximity to major suppliers. The December 2011 result was consistent with this trend with the Alice Springs basket $7.03 (3.5 per cent) cheaper than in Darwin. Since December 2010, prices decreased in three of the eight product categories. Household supplies was the main contributor to annual growth, adding 6.60 percentage points. Dairy and related products were the largest detractor from annual growth, subtracting 1.30 percentage points (Chart 4). Katherine In December 2011, the cost of the basket in Katherine was $198.97, an increase of $7.76 (4.1 per cent) since December 2010. There is only one major supermarket in Katherine. In December 2011, the cost of the basket in Katherine was $4.17 (2.1 per cent) less expensive than in Darwin. The main difference in prices between the grocery basket in Darwin compared to Katherine was in fruit and vegetables, bread and cereal and household supplies. Since December 2010, prices increased in two of the eight product categories. Household supplies was the main contributor to annual growth, adding 10.1 percentage points. Price decreases were reported in six categories, with other food and fruit and vegetables the largest detractors from annual growth at 1.59 and 1.39 percentage points respectively (Chart 5). -2 0 2 4 6 8 10 Source: NT Treasury Chart 3: Darwin (% point contribution to annual change) percentage points Drinks, Snacks Other Food H/hold Supp. Pet Foods Drinks & Snacks Dairy Meat, S/food Drinks, Snacks Other Food H/hold Supp. Pet Foods Bread, Cereal Dairy Fruit & Veg -2 -1 0 1 2 3 4 5 6 7 Source: NT Treasury Chart 4: Alice Springs (% point contribution to annual change) percentage points Drinks, Snacks Other Food H/hold Supp. Pet Foods Drinks & Snacks Dairy Meat, S/food Drinks, Snacks Other Food H/hold Supp. Pet Foods Bread, Cereal Dairy Fruit & Veg -2 0 2 4 6 8 10 12 Source: NT Treasury Chart 5: Katherine (% point contribution to annual change) percentage points Drinks, Snacks Other Food H/hold Supp. Pet Foods Drinks & Snacks Dairy Meat, S/food Drinks, Snacks Other Food H/hold Supp. Pet Foods Bread, Cereal Dairy Fruit & Veg