October 24, 2012
The Consumer Price Index (CPI) rose 1.4% in the September quarter compared with a rise of 0.5% in the June quarter, according to the latest ABS figures. Economists had forecast a 1% rise over the quarter.
Year-on-year inflation is now up 2% compared with a rise of 1.2% through the year to the June quarter - and above expectations of a 1.6% year-on-year rise in the September quarter. Read more.