Australian CPI at 0.2%

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Wednesday, Jul 26 2017

Australian CPI at 0.2%

Australian CPI rose 0.2% this quarter, compared with a rise of 0.5% in the March quarter 2017. It rose 1.9% over the twelve months to the June quarter 2017, compared with a rise of 2.1% over the twelve months to the March quarter 2017.

The most significant price rises this quarter are medical and hospital services (+4.1%), new dwelling purchase by owner-occupiers (+0.9%), tobacco (+1.0%) and beer (+1.0%). The most significant offsetting price falls this quarter are domestic holiday travel and accommodation (-3.2%), automotive fuel (-2.5%) and fruit (-4.4%).

More in this category: « US consumer confidence back near 16-year high UK GDP in line with market expectations »

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