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Showing 1 - 10 of 40 results for "Automotive fuel"

ASFA lifts comfortable retirement standard to $730k for couples

KARREN VERGARA  |  MONDAY, 15 JUN 2026
... year to March, inflation rose 4.6% p.a. Electricity costs jumped 25.4% following the expiry of subsidies, while automotive fuel rose 24.2%. Food staples also climbed, with beef up 11.8%, and coffee and tea rising 10.7%. Housing affordability continues ...

Inflation eases, experts split on next RBA move

VINNY VUCAGO  |  WEDNESDAY, 27 MAY 2026
... growth, edged up to 3.4% in the 12 months to April 2026, up from 3.3% in the 12 months to March 2026. The ABS noted automotive fuel was excluded from the trimmed mean calculation in both March and April after significant prince swings linked to geopolitical ...

Inflation skyrockets in March, RBA hike almost certain

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2026
... followed by an 8.95% rise in transport. The rise in transport was due primarily to a 32.8% monthly increase in automotive fuel prices, as a result of the ongoing conflict in the Middle East. "Automotive fuel prices rose 32.8% from February to March ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... "Annual trimmed mean inflation remains higher than CPI inflation as it removed large price falls for electricity and automotive fuel." The Reserve Bank of Australia (RBA) has said inflation needs to be "sustainably within the 2-3% target range". VanEck ...

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... inflation has fallen from 3.8% in June to 2.1% in October due, in part, to significant price falls in electricity and automotive fuel. Electricity fell 35.6% in the 12 months to October, which is the largest annual fall in the electricity series ever ...

Inflation debate: Albo says rebates will keep inflation down

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... month. When prices for some items move by large amounts, measures of underlying inflation like the CPI excluding automotive fuel, fruit and vegetables and holiday travel, and the trimmed mean can provide additional insights into how inflation is trending," ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... said. "When prices for some items move by large amounts, measures of underlying inflation like the CPI excluding automotive fuel, fruit and vegetables and holiday travel, and the trimmed mean can provide additional insights into how inflation is trending." ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... (+7.2%), and transport (+3.4%). "CPI inflation is often impacted by items with volatile price changes like in automotive fuel, fruit and vegetables, and holiday travel. It can be helpful to exclude these items from the headline CPI to see underlying ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... main drivers of the annual increase. "CPI inflation is often impacted by items with volatile price changes like automotive fuel, fruit and vegetables, and holiday travel. It can be helpful to exclude these items from the headline CPI to provide a view ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... beverages were down from 5.6% in July. "CPI inflation is often impacted by items with volatile price changes like automotive fuel, fruit and vegetables, and holiday travel," explained ABS head of prices statistics Michelle Marquardt. "It can be helpful ...
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