Turf QLD Industry Alert |ABS Consumer Price Index, Australia, Jun 2016

ABS Consumer Price Index, Australia, Jun 2016 

JUNE KEY FIGURES

JUNE KEY POINTS

THE 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 MOVEMENTS

• 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%).