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    04.04.2016 13:58 MI Inflation gauge for Australia is flat in March

    The Melbourne Institute (MI) released its monthly inflation data for Australia on Monday. MI Inflation gauge for Australia was flat in March, after a 0.2% decline in February.

     

    On a yearly basis, inflation gauge climbed 1.7% in March, after a 2.1% increase in February.

     

    Prices for fruit and vegetables dropped 3.4% in March, audio, visual and computing equipment prices declined 2.2%, while prices for tobacco climbed 4.7% and holiday travel and accommodation prices were up 1.5%.


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