Inflation Recorded At 1.7% In February 2014
Consumers paid 1.7 per cent more in February 2014 than they did a year ago for the basket of goods and services included in the Consumer Price Index. This level of inflation decreased 0.1 percentage points from the 1.8 per cent measured in January 2014.
Between January 2014 and February 2014, the average cost of goods and services in the Consumer Price Index increased 0.1 per cent. The all-items index increased to 122.6 index points in February. This means that the basket of goods and services that cost $100.00 in April 2006 now cost $122.60.
The full February 2013 Consumer Price Index is below [PDF here]
