• Australian CPI mixed

Market news

27 July 2016

Australian CPI mixed

All groups CPI

- rose 0.4% this quarter, compared with a fall of 0.2% in the March quarter 2016.

- rose 1.0% over the twelve months to the June quarter 2016, compared with a rise of 1.3% over the twelve months to the March quarter 2016.

Overview of CPI movemets

- The most significant price rises this quarter are medical and hospital services (+4.2%), automotive fuel (+5.9%), tobacco (+2.1%) and new dwelling purchase by owner-occupiers (+0.9%).

- The most significant offsetting price falls this quarter are domestic holiday travel and accommodation (-3.7%), motor vehicles (-1.3%) and telecommunication equipment and services (-1.5%).

Market Focus
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