Bloomberg News

Australia’s Consumer Prices Increased 0.6% in Third Quarter

By Michael Heath
October 25, 2011

Oct. 26 (Bloomberg) -- Australian consumer prices rose 0.6 percent in the third quarter from the previous three months, the Bureau of Statistics said in Sydney today. The median estimate of 21 economists surveyed by Bloomberg News was for a 0.6 percent increase. Prices gained 3.5 percent from a year earlier.

To contact the reporter on this story: Michael Heath in Sydney at mheath1@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net

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