Consumer Price Index: Inflation Increased 0.3%
Consumers paid 2.0 per cent more in March 2014 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. This level of inflation increased 0.3 percentage points from the 1.7 per cent measured in February 2014.
Between February 2014 and March 2014, the average cost of goods and services in the Consumer Price Index increased 0.5 per cent. The all-items index increased to 123.3 index points in March. This means that the basket of goods and services that cost $100.00 in April 2006 now cost $123.30.
The full March 2014 Consumer Price Index is below [PDF here]
