The Australian Bureau of Statistics (ABS) has released its Consumer Price Index (CPI) figures for the December 2011 quarter, finding inflation remains unchanged.

 

The most significant price rises in the December quarter 2011 were for domestic holiday travel and accommodation (+7.3%), rents (+1.0), telecommunication equipment and services (+1.1%), beer (+1.2%) and automotive fuel (+0.7%). The most significant offsetting price falls were for fruit (–13.4%), pharmaceutical products (–5.6%), vegetables (–5.0%), audio, visual and computing equipment (–3.4%), international holiday travel and accommodation (–1.9%) and motor vehicles (–1.2%).

The CPI rose 3.1% through the year to the December quarter 2011, compared with a rise of 3.5% through the year to the September quarter 2011.

 

Key figures can be found here