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Consumer Price Inflation Rose 0.6% in the December Quarter, 1.9% Year on Year

The Australian Bureau of Statistics (ABS) quarterly inflation data (cat. 6401.0) covers price rises and falls across a basket of goods and services used in the Australian economy.

Inflation versus RBA Cash Rate

The Reserve Bank of Australia cites the annual inflation rate as being ideally between a range of 2% to 3% as a key component in the setting of monetary policy in Australia.

Note: The analysis above has been calculated with data provided by the Australian Bureau of Statistics (ABS) and reproduced in accordance with the copyright policy of the ABS. Please see Data Digger’s terms and conditions pertaining to content on this site.

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