RSS feed 
Annual Inflation 2.9%
Australian Bureau of Statistics
ABS CPI March Quarter 2010 Up 0.9%
Victor P Taffa
The ABS Consumer Price Index rose 0.9% in the March quarter 2010, compared with a rise of 0.5% in the December quarter 2009.
The most significant price rises this quarter was for:
- Automotive fuel (+4.2%),
- Pharmaceuticals (+13.3%),
- Deposit and loan facilities (+3.4%),
- Vegetables (+10.3%),
- Electricity (+5.9%),
- House purchase (+1.2%),
- Hospital and medical services (+2.9%).
The most significant offsetting price falls were for:
- Furniture (–4.6%),
- Fruit (–5.7%),
- Domestic holiday travel and accommodation (–2.3%),
- Audio, visual and computing equipment (–5.9%),
- Men’s outerwear (–6.7%)
Children’s and infants’ clothing (–9.9%).
The ABS Consumer Price Index rose 2.9% through the year to March quarter 2010, compared with an annual rise of 2.1% through the year to December quarter 2009.
MARCH KEY FIGURES
|
Dec Qtr 2009 to Mar Qtr 2010 |
Mar Qtr 2009 to Mar Qtr 2010 |
|
| Weighted average of eight capital cities |
% change |
% change |
|
|
||
| Food |
1.1 |
0.7 |
| Alcohol and tobacco |
1.3 |
3.5 |
| Clothing and footwear |
-4.3 |
-1.8 |
| Housing |
1.5 |
6.1 |
| Household contents and services |
-1.3 |
1.4 |
| Health |
4.7 |
5.1 |
| Transportation |
1.3 |
4.1 |
| Communication |
-0.1 |
0.2 |
| Recreation |
-1.0 |
1.2 |
| Education |
5.6 |
5.7 |
| Financial and insurance services |
2.0 |
2.0 |
| All groups |
0.9 |
2.9 |
| All groups excluding Housing and Financial and insurance services |
0.6 |
2.1 |
|
|
||