May 29, 2024 01:56 GMT
Australia April CPI +3.6% Y/Y; Annual Trimmed Mean +4.1%
AUSTRALIA DATA
MNI (Singapore)
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- The monthly CPI indicator rose 3.6% in the 12 months to April, following a 3.5% rise in the 12 months to March.
- Annual trimmed mean inflation was 4.1% in April, up slightly from 4.0% in March.
- New dwelling prices rose 4.9% in the 12 months to April, rental prices increased 7.5%.
- Food and non-alcoholic beverage prices rose 3.8% in the 12 months to April, up from a rise of 3.5% to March, mainly due to a rise in Fruit and vegetable prices following an annual fall of 1.2% to March.
- The most significant price rises were Housing (+4.9%), Food and non-alcoholic beverages (+3.8%), Alcohol and tobacco (+6.5%) and Transport (+4.2%).
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