Latest CPI Figures Released
The Australian Bureau of Statistics has just released the consumer price index (CPI) figures for the June 2019 quarter. The CPI rose 0.6 per cent, this follows no movement (0.0 per cent) in the March quarter 2019.
The All groups CPI
- Rose 0.6% this quarter, following no movement (0.0%) in the March quarter 2019.
- Rose 1.6% over the twelve months to the June quarter 2019, following a rise of 1.3% over the twelve months to the March quarter 2019.
Overview of CPI movements
- The most significant price rises this quarter are automotive fuel (+10.2%), medical and hospital services (+2.6%) and international holiday, travel and accommodation (+2.7%).
- The most significant price falls this quarter are fruit (-4.1%), electricity (-1.7%) and domestic holiday, travel and accommodation (-1.5%).
For more information go to the Australian Bureau of Statistics