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Consumer Price Index, Australia, September Quarter 2023
Key statistics: • The Consumer Price Index (CPI) rose 1.2% this quarter. • The most significant price rises were Automotive fuel (+7.2%), Rents (+2.2%), New dwelling purchase by owner-occupiers (+1.3%) and Electricity (+4.2%). • Over the twelve months to the September 2023 quarter, the CPI rose 5.4%. What's new this quarter Monthly inflation data can be found in the Monthly CPI Indicator. Partial update to the CPI weights The CPI weights are typically updated each year in the December quarter. This is to ensure the weights used in the CPI basket reflect contemporary household spending patterns. With the ... (full story)
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Monthly Consumer Price Index Indicator, September 2023
Key statistics: • The monthly CPI indicator rose 5.6% in the 12 months to September. • The most significant price rises were Housing (+7.2%), Transport (+9.4%), and Food and non-alcoholic beverages (+4.7%). table chart Monthly Overview The monthly CPI indicator rose 5.6% in the 12 months to September, up from a rise of 5.2% in August. The annual movement for the monthly CPI indicator excluding volatile items and holiday travel rose 5.5% in September, in line with the rise of 5.5% in August. This series excludes Fruit and vegetables, Automotive fuel, and Holiday travel and accommodation. Annual trimmed mean ... (full story)