Australia’s quarterly consumer price index (CPI) figures are out today. The figures that stuck out for us? Both petrol and computing gear are getting cheaper.
Money picture from Shutterstock
During the three months to December, automotive fuel costs fell by 6.8 per cent. (They’re expected to fall even more in the future. Meanwhile, “audio, visual and computing equipment” dropped by 5.2 per cent, and associated services fell by 3.8 per cent.
As well as raw numbers, the ABS produces seasonally adjusted figures. With those adjustments, petrol fell by 4.9 per cent and computer gear fell by 4.7 per cent.
The bottom line? That next PC or tablet you buy is likely to be a little cheaper. We’ll take that.