Market news
31.01.2018, 06:42

Australian CPI rose less than expected in Q4

The all groups CPI

  • Rose 0.6% this quarter, compared with a rise of 0.6% in the september quarter 2017.

  • Rose 1.9% over the twelve months to the december quarter 2017, compared with a rise of 1.8% over the twelve months to the september quarter 2017.

Overview of CPI movements

  • The most significant price rises this quarter are automotive fuel (+10.4%), tobacco (+8.5%), domestic holiday travel and accommodation (+6.3%) and fruit (+9.3%).

  • The most significant offsetting price falls this quarter are international holiday travel and accommodation (-1.7%), audio visual and computing equipment (-3.5%), and telecommunication equipment and services (-1.4%).

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