Australian Bureau of Statistics

ABS CPI June Quarter 2010 Up 0.6%

Victor P Taffa

The ABS Consumer Price Index rose 0.6% in the June quarter 2010, compared with a rise of 0.9% in the March quarter 2010.

The most significant price rises this quarter were for tobacco (+15.4%), hospital and medical services (+3.8%), automotive fuel (+2.1%), rents (+1.1%) and house purchase (+0.6%). The most significant offsetting price falls were for domestic holiday travel and accommodation (–6.0%), fruit (–4.8%), audio, visual and computing equipment (–6.3%), vegetables (–3.0%), and overseas holiday travel and accommodation (–1.9%).

The ABS Consumer Price Index rose 3.1% through the year to June quarter 2010, compared with a rise of 2.9% through the year to March quarter 2010.

JUNE KEY POINTS

THE ALL GROUPS CPI

• Rose 0.6% in the June quarter 2010, compared with a rise of 0.9% in the March quarter 2010.
• Rose 3.1% through the year to June quarter 2010, compared with a rise of 2.9% through the year to March quarter 2010.OVERVIEW OF CPI MOVEMENTS

• The most significant price rises this quarter were for tobacco (+15.4%), hospital and medical services (+3.8%), automotive fuel (+2.1%), rents (+1.1%) and house purchase (+0.6%).
• The most significant offsetting price falls were in domestic holiday travel and accommodation (-6.0%), fruit (-4.8%), audio, visual and computing equipment (-6.3%), vegetables (-3.0%) and overseas holiday travel and accommodation (-1.9%).

• JUNE KEY FIGURES