Australia's Inflation Rate Eases Further in Q4


The CPI rose 3.1% through the year to the December quarter 2011, compared with a rise of 3.5% through the year to the September quarter 2011.

The Consumer Price Index (CPI) was unchanged in the December quarter 2011, compared with a rise of 0.6% in the September quarter 2011.

The most significant price rises in the December quarter 2011 were for domestic holiday travel and accommodation (+7.3%), rents (+1.0), telecommunication equipment and services (+1.1%), beer (+1.2%) and automotive fuel (+0.7%). The most significant offsetting price falls were for fruit (–13.4%), pharmaceutical products (–5.6%), vegetables (–5.0%), audio, visual and computing equipment (–3.4%), international holiday travel and accommodation (–1.9%) and motor vehicles (–1.2%).


TradingEconomics.com, ABS
1/25/2012 9:32:03 AM