In Business

Australian Bureau Of Statistics (ABS)

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

Mar Qtr 2010 to Jun Qtr 2010

Jun Qtr 2009 to Jun Qtr 2010

Weighted average of eight capital cities

% change

% change


Food

-0.3

1.4

Alcohol and tobacco

5.9

8.7

Clothing and footwear

0.0

-3.8

Housing

0.6

5.8

Household contents and services

0.9

0.2

Health

2.2

5.0

Transportation

0.7

3.2

Communication

-0.1

-0.2

Recreation

-1.8

-0.6

Education

0.0

5.7

Financial and insurance services

0.2

3.9

All groups

0.6

3.1

All groups excluding Housing and Financial and insurance services

0.6


0

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