Australian CPI in detail

Wednesday, 23 July 2014

As noted briefly by Houses & Holes, the Australian Bureau of Statistics (ABS) has released the Consumer Price Index (CPI) data for the June quarter 0f 2014, which registered a modest quarterly increase in prices, with the result also coming in line with economists’ expectations.

According to the ABS, headline CPI rose by a modest 0.5% in the June quarter, which follows March’s 0.6% rise (see next chart).

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.