ABS provides December 2022 quarter data for consumer price index
According to the latest data from the Australian Bureau of Statistics (ABS), the Consumer Price Index (CPI) surge 1.9% in the December 2022 quarter and 7.8% annually.
“This is the fourth consecutive quarter to show a rise greater than any seen since the introduction of the Goods and Services Tax (GST) in 2000. The increase for the quarter was slightly higher than the quarterly movements for the September and June quarters last year (both 1.8 per cent)." Michelle Marquardt, ABS head of prices statistics
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
ABS provides December 2022 quarter data for consumer price index
According to the latest data from the Australian Bureau of Statistics (ABS), the Consumer Price Index (CPI) surge 1.9% in the December 2022 quarter and 7.8% annually.
“This is the fourth consecutive quarter to show a rise greater than any seen since the introduction of the Goods and Services Tax (GST) in 2000. The increase for the quarter was slightly higher than the quarterly movements for the September and June quarters last year (both 1.8 per cent)." Michelle Marquardt, ABS head of prices statistics
Recent Latest News