Economy

Oct 28, 2015

Fruit prices up, veggies down, with no inflationary worries

The Bureau of Statistics said the most significant price rises this quarter were in international holiday travel and accommodation, property rates and charges and fruit.

Glenn Dyer — <em>Crikey</em> business and media commentator

Glenn Dyer

Crikey business and media commentator

No sign of any inflation pressures in the September quarter in the latest Consumer Price Index data, released at 11.30am today. The headline rate of 0.5% and annual rate to the end of the September quarter of 1.5% was not a big surprise, despite lots of babble to the contrary on electronic media in the wake of the release.

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