Inaugural complete monthly CPI shows annual lift in inflation
The CPI rose 3.8 per cent over the year, marking the first release of the complete Monthly CPI, which now replaces the quarterly series as Australia’s primary headline inflation measure. According to the ABS, the new monthly time series extends back to April 2024, when more frequent price collection began across several expenditure classes. Annual inflation of 3.8 per cent to October was up from...
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