What is the Australian CPI rate for 2021?
The Consumer Price Index (CPI) rose 0.8% this quarter. Over the twelve months to the September 2021 quarter, the CPI rose 3.0%. The most significant price rise were for New dwelling purchase by owner-occupiers (+3.3%) and Automotive fuel (+7.1%).
What is the current consumer price index in Australia?
The Consumer Price Index (CPI) rose 0.8% this quarter. Over the twelve months to the September 2021 quarter, the CPI rose 3.0%.
What is the CPI rate for August 2021?
3.2%
The UK’s inflation rate in August 2021, as measured by the CPI, was 3.2%.
What was August 2021 CPI?
The Consumer Price Index for All Urban Consumers rose 5.3 percent for the 12 months ending August 2021, a smaller increase than the 5.4-percent rise for the year ending July. Prices for all items less food and energy rose 4.0 percent over the last 12 months, also a smaller increase than the year ending July.
Where do I find the CPI rate in Australia?
Consumer price index (CPI) rates are published by the Australian Bureau of Statistics (ABS). We reproduce the rates here as these are relevant to some provisions in tax and superannuation law.
How is the Consumer Price Index in Australia?
The Australian Bureau of Statistics (ABS) produces a range of Consumer Price Index exclusion-based measures, which remove selected components from the CPI basket. Typically, the removed components have volatile price change and/or a pronounced seasonal pattern.
How is the inflation rate calculated in Australia?
Calculations are based on the All Groups CPI, Weighted Average of Eight Capital Cities, Index Numbers (see the below table).This inflation calculator uses the following formula to calcualte the australia inflation rate. CPI – consumer price index. CPI 2 – The consumer price index in the second period.
What is the difference between CPI and CPI 2?
CPI – consumer price index. CPI 2 – The consumer price index in the second period. CPI 1 – The consumer price index in the previous period. For more details Click Here to get redirected to ABS website, an official website of the Australia.