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AU Monthly Consumer Price Index Indicator
The monthly CPI indicator rose 3.8% in the 12 months to June, down from a 4.0% rise in the 12 months to May. The annual movement for the monthly CPI indicator excluding volatile items and holiday travel was 4.0% in June, the same as the 4.0% rise in May. This series excludes Automotive fuel, Fruit and vegetables and Holiday travel and accommodation. Annual trimmed mean inflation was 4.1% in June, down from 4.4% in May. The annual rise in New dwelling prices was 5.4%, up from 4.9% in May, maintaining the trend of annual price growth of around 5% since August 2023. This reflects builders passing higher costs for labour ... (full story)