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Monthly Consumer Price Index Indicator, May 2023
Key statistics: The monthly CPI indicator rose 5.6% in the twelve months to May. The most significant price rises were Housing (+8.4%), Food and non-alcoholic beverages (+7.9%) and Furnishings, household equipment and services group (+6.0%). Offsetting the rise was Automotive fuel (-8.0%). Main features: Weighted average of eight capital cities, annual movement: table Monthly Overview: The monthly CPI indicator rose 5.6% annually in May, down from 6.8% in April. The annual movement for the monthly CPI excluding volatile items and travel rose 6.4% in May, slightly lower than the rise of 6.5% in April. This series ... (full story)
Added at 9:41pm
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ASX roofing 60bps on softer than than expected CPI print pic.twitter.com/4mwivkO5x6
— IGSquawk (@IGSquawk) June 28, 2023
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