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Australia May CPI +4.0%; Housing Price +5.2%

AUSTRALIA DATA
MNI (Singapore)
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  • The monthly CPI indicator rose 4.0% in the 12 months to May, up from a 3.6% rise in the 12 months to April.
  • The annual movement for the monthly CPI indicator excluding volatile items and holiday travel was also 4.0% in May, down from 4.1% in April.
  • Annual trimmed mean inflation was 4.4% in May, up from 4.1% in April.
  • The most significant price rises were Housing (+5.2%), Food and non-alcoholic beverages (+3.3%), Transport (+4.9%) and Alcohol and tobacco (+6.7%).
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  • The monthly CPI indicator rose 4.0% in the 12 months to May, up from a 3.6% rise in the 12 months to April.
  • The annual movement for the monthly CPI indicator excluding volatile items and holiday travel was also 4.0% in May, down from 4.1% in April.
  • Annual trimmed mean inflation was 4.4% in May, up from 4.1% in April.
  • The most significant price rises were Housing (+5.2%), Food and non-alcoholic beverages (+3.3%), Transport (+4.9%) and Alcohol and tobacco (+6.7%).