Consumer Price Index (CPI) rises 0.5 per cent

12-Nov-2015

The latest Australian Bureau of Statistics (ABS) figures show the Consumer Price Index (CPI) rose 0.5 per cent in the September quarter 2015. This follows on from the 0.7 per cent increase observed in the June 2015 quarter.

The most significant price rises were in;

- International holiday travel and accommodation (+4.6 per cent),

- Fruit (+8.2 per cent) and

- Property rates and charges (+4.6 per cent).

Notwithstanding, these were partially offset by falls in;

- Vegetables (–5.9 per cent),

- Telecommunication equipment and services (–2.0 per cent) and

- Fuel (–1.7 per cent).

As an annual rate, for the year ending September 2015 CPI rose 1.7 per cent.