1 Updates
Australian consumer price index rises
Photo Credit: ADEK BERRY, Getty Images

Australian consumer price index rises

Jan 23 2013, 2:00am CST | by

Sydney, Jan 23 (IANS) The Australian consumer price index (CPI) rose 0.2 percent in the December quarter 2012, after a rise of 1.4 percent in the September quarter, the Australian Bureau of Statistics reported Wednesday.

Sydney, Jan 23 — The Australian consumer price index (CPI) rose 0.2 percent in the December quarter 2012, after a rise of 1.4 percent in the September quarter, the Australian Bureau of Statistics...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Australian consumer price index rises

Jan 23 2013, 2:00am CST | by

Sydney, Jan 23 (IANS) The Australian consumer price index (CPI) rose 0.2 percent in the December quarter 2012, after a rise of 1.4 percent in the September quarter, the Australian Bureau of Statistics reported Wednesday.

Sydney, Jan 23 — The Australian consumer price index (CPI) rose 0.2 percent in the December quarter 2012, after a rise of 1.4 percent in the September quarter, the Australian Bureau of Statistics reported Wednesday.

The official CPI figure came in lower than expected, taking the annual inflation rate for 2012 to 2.2 percent, reported Xinhua.

Economists had forecast a rise of 0.5 percent in the December quarter and an annual rate of 2.5 percent.

The ABS said the most significant price rises in the December quarter 2012 were for domestic holiday travel and accommodation, automotive fuel and rents, while the most significant offsetting price falls were for vegetables, audio, visual and computing equipment and pharmaceutical products.

The Reserve Bank of Australia has a target range for annual inflation of 2 percent to 3 percent, and the latest figures will inform its interest rate decision Feb 5.

IANS

Source: IANS

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

Your Parent Or Kid Moved In: Are You Covered?
A record 57 million Americans now live in multigenerational family households — double the number in 1980, according to a new Pew Research Center study. And I bet many of them have the wrong homeowner’s or renters...
 
 
Pandora Looks to Challenge Terrestrial Radio's Dominance in Cars
Pandora Media is one of the largest Internet radio providers in the U.S. with more than 75 million active users. While the company’s active user count has increased at a robust pace historically, it is likely to slow...
 
 
Are General Manager Salaries About To Skyrocket? Will There Be A Front Office Salary Cap?
Are General Manager Salaries About To Skyrocket? Will There Be A Front Office Salary Cap?
It’s January 2026. New York Yankees owner Hal Steinbrenner gets out of his driverless car and triumphantly marches before the gathered press to introduce his prized new free agent. It’s a record-breaking contract—over...
 
 
Volkswagen AG New Coverage: Trefis Price Estimate at $51
Volkswagen AG is the second largest automaker in the world behind Toyota and slightly ahead of GM, selling 9.72 million vehicles globally in 2013. Established in 1937, Volkswagen AG, along with its 340 subsidiary...
 
 
 

Latest from the Network

Scoreboard: India vs England, day 2, third Test
Southampton, July 29 (IANS) The following is the scoreboard after the second day's play of the third cricket Test between India and England at the Rose Bowl here Monday: England (first innings, overnight 247/2)...
Read more on Sport Balla
 
UN call neglects Israel's security needs: Netanyahu
Jerusalem, July 29 (IANS) Israeli Prime Minister Benjamin Netanyahu Monday criticised the UN Security Council's call for ceasefire in the Gaza Strip, saying it strengthens Hamas and neglects Israel's security needs....
Read more on Politics Balla
 
Three dead, 16 injured in Nigerian suicide attacks
Abuja, July 29 (IANS) At least three people were killed and 16 others injured in two suicide bombings Monday in northern Nigeria's Kano state, officials said. In the first incident, a female suicide bomber attacked a...
Read more on Politics Balla
 
31 killed in Iraq violence
Baghdad, July 28 (IANS) At least 31 people were killed and 20 others wounded in the latest violent attacks and conflicts in Iraq, police source said Monday. Police patrols Monday found 14 unidentified bodies - 11 men...
Read more on Politics Balla
 
Narang clinches men's 50m rifle prone silver
Glasgow, July 28 (IANS) Indian shooters continued to bring home more medals as Gagan Narang won the country's third medal Monday clinching the men's 50-metre rifle prone silver in the finals at the Commonwealth Games...
Read more on Sport Balla
 
Renew humanitarian truce in Gaza: UN chief
United Nations, July 28 (IANS) UN Secretary General Ban Ki-moon Monday urged Israel and te Islamist Hamas movement to renew a humanitarian ceasefire in Gaza and called on those responsible to "step back from provoking...
Read more on Politics Balla
 
Indian paddlers lose men's team bronze playoff
Glasgow, July 28 (IANS) India's men paddlers suffered a disappointing finish in the team bronze medal playoff, losing to Nigeria 1-3 at the Commonwealth Games here Monday. India, who had won the bronze in the same...
Read more on Sport Balla
 
Ousted Thai PM faces power-abuse allegation
Bangkok, July 28 (IANS) Thailand's Election Commission (EC) is accusing former prime minister Yingluck Shinawatra of abusing power by using public funds to campaign for elections, local media reported Monday. EC...
Read more on Politics Balla
 
CWG: Ghosal, Anaka lose in squash
Glasgow, July 28 (IANS) Indian squash players Saurav Ghosal and Anaka Alankamony bit the dust Monday bringing to an end their individual campaigns in squash singles at the Commonwealth Games here. While Ghosal lost...
Read more on Sport Balla
 
England 452/5 at tea
Southampton, July 28 (IANS) England were batting at 452/5 at tea on Day 2 of the third cricket Test against India at the Rose Bowl here Monday. Ian Bell and wicketkeeper-batsman Jos Buttler were batting on 133 and 13...
Read more on Sport Balla