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Monthly Consumer Price Index Indicator, January 2023

From abs.gov.au

Key statistics: • The monthly CPI indicator rose 7.4% in the twelve months to January. • The most significant price rises were Housing (+9.8%), Food and non-alcoholic beverages (+8.2%) and Recreation and culture (+10.2%). {table} Monthly Overview The monthly CPI indicator annual movement rose 7.4% in January, down from 8.4% in December. The annual movement for CPI excluding volatile items (i.e. excludes Fruit and vegetables and Automotive fuel) rose 7.2% in January, down from 8.1% in December. {chart} All groups and Groups Annual inflation remains elevated reflected in the broad-based nature of price increases across ... (full story)

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