Pricier fruit and vegetables helped maintain Australia’s inflation rate at about 7% over the past few months, while modest fuel price increases moderated the pace of growth, the Australian Bureau of Statistics has said.
Consumer prices rose 7% in the year to July with the rate easing to 6.8% to August, according to data released by the ABS on Thursday. Those rates compared with a 6.8% increase in June alone and a 6.1% jump for the June quarter.
