Consumer Price Index, Australia, December 2022

Consumer Price Index, Australia, December 2022

From abs.gov.au

Key statistics: The Consumer Price Index (CPI) rose 1.9% this quarter. Over the twelve months to the December 2022 quarter, the CPI rose 7.8%. The most significant price rises were Domestic holiday travel and accommodation (+13.3%), Electricity (+8.6%), International holiday travel and accommodation (+7.6%) and New dwelling purchase by owner occupiers (+1.7%). tables he annual CPI movement of 7.8 per cent is the highest since 1990. The past four quarters have seen strong quarterly rises off the back of higher prices for food, automotive fuel and new dwelling construction. Trimmed mean annual inflation, which ... (full story)

Well I guess it confirms that inflation is under control! NOT!

This gives ammo to the FED to raise o.5%

more higher CPI. more stronger aud currency. just hope next cpi data more higher again...horayy.....lolz

As expected Aussie keeps on rising to the moon after China's reopen

Now lets compare these figures with Europe lol

7 Years in the game, ride the trend or the trend will ride you

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