Consumer Price Index - Latest Quarter
The Australian Bureau of Statistics (ABS) has released the Consumer Price Index (CPI) for the June 2020 quarter.The All Groups CPI fell 1.9% in the June 2020 quarter, compared to a rise of 0.3% in the March 2020 quarter. It also fell 0.3% over the twelve months to the June 2020 quarter, compared to a rise of 2.2% over the twelve months to the March 2020 quarter.
The most significant price falls in the June quarter were child care (-95.0%), automotive fuel (-19.3%), preschool and primary education (-16.2%) and rents (-1.3%). The most significant price rises in the June quarter were tobacco (+2.7%), other non-durable household products (+4.5%) and furniture (+3.8%).
To find out more go to the ABS website.