Health CPI June rises
July 24, 2014
THE Consumer Price Index (CPI)
for the months from March to June
rose 2.9%; in seasonally adjusted
terms, it rose 1.4% and for the year
to June, it rose 4.9%
The main contributor to this was
medical and hospital services, up
4.6%, largely due to increases in
private health fund premiums of
01 Apr, the Australian Bureau of
Statistics (ABS) said.
This rise was partially offset
by a 1.9% fall in pharmaceutical
products, largely due to a greater
proportion of consumers exceeding
the PBS safety net compared with
the March quarter, ABS said.
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