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Financial News: Australia Consumer Prices Add 0.2% In Q2

Australia Consumer Prices Add 0.2% In Q2

07/25/2017 - 21:46:00 (RTTNews)

(RTTNews) - Consumer prices in Australia were up 0.2 percent on quarter in the second quarter of 2017, the Australian Bureau of Statistics said on Wednesday.

That was shy of expectations for 0.4 percent and down from 0.5 percent in the three months prior.

On a yearly basis, inflation was up 1.9 percent - also missing expectations for 2.2 percent and down from 2.1 percent in Q1.

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