Saturday, January 21, 2012

Australian Consumer Price Index (CPI) december 2011

World Economic outlook Australian Consumer Price Index (CPI) december 2011 : The Australian Bureau of Statistics will on January 25 publish Consumer Price Index figures for the December quarter.
An AAP survey of 12 economists found a median forecast for a 0.2 per cent rise in headline inflation and a 0.6 increase in underlying inflation during the quarter.

That would take the annual headline inflation rate to 3.3, while the underlying rate would be 2.5 - smack bang in the middle of the Reserve Bank of Australia's (RBA) target range of between 2 and 3 per cent.

Recent Consumer Price Index For Australia
YearMarJunSepDecAnnual
2011176.7178.3179.4

2010171172.1173.3174172.6
2009166.2167168.6169.5167.825
2008162.2164.6166.5166164.825
2007155.6157.5158.6160.1157.95
By comparison, headline inflation rose by 0.6 per cent and underlying inflation by 0.3 per cent during the September quarter.

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