Growth

CPI rises 1.3 per cent

By Staff Reporter• Wednesday, 23 Apr 2008•2 min read

Share this article on:

The headline consumer price index (CPI) rose 1.3 per cent in the March quarter, ABS figures revealed today.

The quarter’s increase brings the annual rate of inflation to 4.2 per cent – significantly outside the Reserve Bank’s target of two to three per cent.

Housing, fuel and pharmaceuticals were all significant contributors to the CPI result.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

Looking for more benefits? Become a Premium Member.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from The Adviser. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Published: 23-04-08

Want to see more stories from trusted news sources?
Make The Adviser a preferred news source on Google.
Click here to add The Adviser as a preferred news source.

Tags:

Breaking News