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Showing 11 - 20 of 40 results for "Automotive fuel"

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
... housing (+7.3%) and food and non-alcoholic beverages (+5.6%). Reducing the July increase were price falls for automotive fuel (-7.6%) and fruit and vegetables (-5.4%). At a three-month-ended rate, rental price inflation held steady at 2.5%, its highest ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... following consistently high inflation figures since last April. Excluding volatile items like fruit and vegetables, automotive fuel, and holiday travel, the ABS said the decline in inflation is more modest. "The annual increase for the monthly CPI indicator ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... unwound in October of the same year. "CPI inflation is often impacted by items with volatile price change such as automotive fuel, fruit and vegetables and holiday travel," said ABS head of prices statistics Michelle Marquardt. Alongside this, HSBC chief ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... furniture, household appliances, and clothing during the March quarter. Additionally, there's been a decline in automotive fuel prices in recent quarters. New dwellings (12.7%), electricity (15.5%), and domestic holiday travel and accommodation (25%) ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... "The annual increase for the CPI is the highest since 1990. Annual inflation for goods such as new dwellings and automotive fuel steadied this quarter, however we saw an uptick in inflation for services such as holidays and restaurant meals," Marquardt ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... forecast. "Annual CPI inflation increased 6.1% in the June quarter, due to higher dwelling construction costs and automotive fuel prices," the Australian Bureau of Statistics (ABS) said. Annual trimmed mean inflation, which excluded large price rises ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... expenses. McCrea added: "Retirees have faced significant price increases for non-discretionary items such as food, automotive fuel, and health costs." Fuel prices reached record levels in the March quarter, with automotive fuel rising 11.0% due to the ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... came in above expectations and well above the Reserve Bank's targets. It was largely driven by new dwellings, automotive fuel, and tertiary education, the ABS said. On an annual basis, new dwellings and automotive fuel were the main contributors, rising ...

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... connection in retirement." The annual percentage increases in the comfortable budgets were the largest since 2010. Automotive fuel costs rose 6.6% in the quarter, while vehicles rose 1.9%. Food - either dine-in or takeaway - costs increased by 1% too ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... smaller rises, rebates or rate freezes last year," ASFA deputy chief executive Glen McCrea said. Over the past year, automotive fuel prices rose sharply (+24.6%), as did the price of motor vehicles (+6.2%), and domestic holiday travel and accommodation ...