We will have more on the inflation data for you soon, but here is the ABS graph:

And here is the ABS take on the quarterly inflation data:

The main contributors to the quarterly rise were Housing (+1.2 per cent), Food and non-alcoholic beverages (+1.0 per cent), and Health (+1.5 per cent). Partially offsetting the rise was a fall in Transport (-0.7 per cent).

The quarterly growth in Housing was driven by Electricity (+8.1 per cent). The second instalments of both the Commonwealth Energy Bill Relief Fund and State government rebates in Perth were used up by households in the previous quarter. Rebates have the effect of reducing electricity costs for households. This has meant higher out-of-pocket electricity costs this quarter as rebates have been used up. 

Brisbane also contributed to the June quarter rise as households in Queensland continued to use up the $1,000 State government rebate.

‘While electricity was up this quarter, it’s down 6.2 per cent compared to 12 months ago as rebates remained in place for most capital cities,’ Ms Marquardt said.

The rise of 1.0 per cent in Food and non-alcoholic beverages was driven by fruit and vegetables (+4.3 per cent). Strawberries, blueberries, grapes, tomatoes and cucumbers saw price rises following reduced supply, which is typical at this time of year. 

Health costs were up 1.5 per cent this quarter driven by a rise in Medical and hospital services (+2.3 per cent) following the annual increase in private health insurance premiums on 1 April.

The fall of 0.7 per cent in Transport was driven by Automotive fuel (-3.4 per cent), reflecting lower global oil prices. ‘Prices for automotive fuel have fallen in three of the past four quarters and are 10.0 per cent lower compared to 12 months ago,’ Ms Marquardt said.