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Australia Inflation Rate

Discussion in 'Market News' started by Sam, Oct 9, 2015.

  1. Sam

    Sam Forum Member

    Sep 1, 2015
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    The inflation rate in Australia was recorded at 1.50 percent in the second quarter of 2015. Inflation Rate in Australia averaged 5.18 percent from 1951 until 2015, reaching an all time high of 23.90 percent in the fourth quarter of 1951 and a record low of -1.30 percent in the second quarter of 1962. Inflation Rate in Australia is reported by the Australian Bureau of Statistic. In Australia, the most important categories in the consumer price index are housing (22.3 percent of the total weight), food and non–alcoholic beverages (16.8 percent), recreation and culture (12.6 percent), transport (11.6 percent), furnishings, household equipment and services (9.1 percent), alcohol and tobacco (7.1 percent), health (5.3 percent) and insurance and financial services (5.1 percent). Clothing and footwear, education and communication account for remaining 10.2 percent of total weight. This page provides the latest reported value for - Australia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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