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Post by bot on Oct 26, 2011 7:23:57 GMT -5
Australia third-quarter CPI up 0.6% SYDNEY (MarketWatch) -- Australia's consumer price index rose 0.6% in the July-September quarter, the Australian Bureau of Statistics said Wednesday. CPI had risen 0.9% in the April-June quarter. On an annual basis, CPI increased 3.5%, compared to an annual rise of 3.6% in the previous quarter. The gains in third-quarter CPI were mainly due to price increases for electricity, international holiday travel and accommodation and rents, the ABS said. Economists had been expecting a 0.6% rise in CPI in the September quarter, according to figures compiled by Dow Jones Newswires.
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