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01 Nov 2018 CPI rose 0.4 per cent in the September quarter 2018

The Consumer Price Index (CPI) rose 0.4% in the September quarter 2018, according to the latest Australian Bureau of Statistics (ABS) figures. This follows a rise of 0.4% in the June quarter 2018. 

The most significant rises this quarter are international holiday travel and accommodation (+4.3%), tobacco (+1.8%), property rates and charges (+2.3%), automotive fuel (+1.4%) and fruit (+2.4%). The rise is partially offset by falls in child care (-11.8%) and telecommunications equipment and services (-1.5%). 

Child care (-11.8%) saw the largest fall this quarter following the introduction of the Child Care Subsidy on 2 July, which replaced the Child Care Rebate and Child Care Benefit. 

The CPI rose 1.9% through the year to September quarter 2018, having increased 2.1% through the year to the June quarter 2018.


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