Consumer prices in Australia were up 1.5 percent on year in the third quarter of 2015, the Australian Bureau of Statistics said on Wednesday.
That missed forecasts for 1.7 percent, and was unchanged from the previous three months.
On a quarterly basis, inflation added 0.5 percent – also shy of expectations for 0.7 percent, which would have been unchanged from the three months prior.
The most significant price rises include international holiday travel and accommodation (+4.6 percent), fruit (+8.2 percent) and property rates and charges (+4.6 percent).
The most significant offsetting price are vegetables (-5.9 percent), telecommunication equipment and services (-2.0 percent) and automotive fuel (-1.7 percent).
The material has been provided by InstaForex Company – www.instaforex.com