CPI rose by 1.9% in the December quarter driven by surging electricity prices and the cost of holiday travel and accommodation
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Inflation in Australia reached 7.8% in the year to December, in what economists hope will be the peak for runaway prices.
The consumer price index rose by 1.9% in the December quarter, the Australian Bureau of Statistics revealed on Wednesday, driven by surging electricity prices and the cost of holiday travel and accommodation.Continue reading...