Australia Inflation Rate Up to 2.5% in Q1


The CPI rose 2.5 percent through the year to the March quarter 2013, compared with a rise of 2.2 percent through the year to the December quarter 2012.

The Consumer Price Index (CPI) rose 0.4 per cent in the March quarter 2013, compared with a rise of 0.2 per cent in the December quarter 2012.

The most significant price rises in the March quarter 2013 were for new dwelling purchase by owner-occupiers (+1.7 per cent), pharmaceutical products (+7.6 per cent), tertiary education (+6.5 per cent) and tobacco (+3.7 per cent). The most significant offsetting price falls were for international holiday travel and accommodation (–5.2 per cent), furniture (–6.8 per cent) and fruit (–7.0 per cent).


Australia Inflation Rate Up to 2.5% in Q1


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4/24/2013 2:40:57 AM