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Australia Economy: 
Australia's CPI up 1.3% in Q1
Author: 123jump.com Staff
123jump.com
Last Update: 8:23 AM EDT April 23 2008


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The all groups CPI rose 1.3% in the March quarter 2008, compared with a rise of 0.9% in the December quarter.

 
The following is an unedited transcript of the news release from the Australian Bureau of Statistics.


THE ALL GROUPS CPI

rose 1.3% in the March quarter 2008, compared with a rise of 0.9% in the December quarter.

rose 4.2% through the year to March quarter 2008.

OVERVIEW OF CPI MOVEMENTS

The most significant contributors to the increase this quarter were automotive fuel (+5.4%), pharmaceuticals (+13.1%), house purchase (+1.7%), electricity (+6.0%), rents (+2.0%) and other financial services (+2.0%).

The most significant offsetting decreases were for furniture (-3.6%), audio, visual and computing equipment (-5.8%), domestic holiday travel and accommodation (-1.4%) and accessories (-5.3%).


Available at:

http://www.abs.gov.au/ausstats/abs@.nsf/mf/6401.0
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