CPI in detail: No inflationary pressures

Wednesday 28 October 2015

As noted earlier in brief, the Australian Bureau of Statistics (ABS) has released the Consumer Price Index (CPI) data for the September quarter 0f 2015, which registered lower than anticipated headline inflation, with underlying inflation also remaining well in check.

According to the ABS, headline CPI rose by 0.5% in the September quarter, down from the June quarter’s 0.7% rise, but below analyst’s expectations of 0.7% (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.