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Inflation edges higher, driven by soaring fuel prices

Inflation edges higher, driven by soaring fuel prices

Australia’s official rate of inflation — the Consumer Price Index — has risen by 0.6 of a percentage point last quarter, according to the ABS, helping to lift the yearly rate of inflation from its low of 1.3 per cent.

  • Shared by MyBusiness
  • August 01, 2019
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The Bureau of Statistics released its official CPI figures on Wednesday (31 July), showing a 0.6 of a percentage point increase for the June quarter.

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