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CPI December quarter 2015 rises 0.4 per cent
The latest Australian Bureau of Statistics (ABS) figures show the Consumer Price Index (CPI) rose 0.4 per cent in the December quarter 2015, following a rise of 0.5 per cent in the September quarter 2015.
The most significant price rises this quarter were in tobacco (+7.4 per cent), domestic holiday travel and accommodation (+5.9 per cent) and international holiday travel and accommodation (+2.4 per cent). These rises were partially offset by falls in automotive fuel (–5.7 per cent), telecommunication equipment and services (–2.4 per cent) and fruit (–2.6 per cent).
The increase of 0.1 per cent for the housing group is the weakest movement since March quarter 1998 as price rises for rents (+0.2 per cent) and new dwelling purchase by owner occupiers (+0.1 per cent) have been subdued through the quarter. The 0.1 per cent rise for new dwellings purchase by owner occupiers is the weakest movement since March quarter 2014.
The CPI rose 1.7 per cent through the year to the December quarter 2015, following a rise of 1.5 per cent through the year to the September quarter 2015.
Further information is available in Consumer Price Index, Australia (cat. no. 6401.0) available from the ABS website: www.abs.gov.au
When reporting ABS data you must attribute the Australian Bureau of Statistics (or the ABS) as the source.
Media requests and interviews - contact the ABS Communications Section on 1300 175 070.
This issue incorporates a feature article titled "Australian Dietary Guidelines Price Indexes". The article is available in Consumer Price Index, Australia (cat. no. 6401.0) available from the ABS website: www.abs.gov.au
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