Inflation falls to 3-year low - WA Business News

The TD Securities-Melbourne Institute inflation gauge has fallen for three months in a row for the first time since the series began in 2002, sparking concerns that deflation could be a big issue this year. ... Falling petrol, fruit and vegetable prices pulled down the inflation gauge measure for December, offset by rising rents and holiday accommodation prices. La Trobe University economics and finance professor Don Harding said consumer index (CPI) ...

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Posted on Thu, 22 Jan 2009 11:00:02 +1100

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