House prices climb as entertainment costs fall in Australia

The Consumer Price Index (CPI) rose by 0.9% in the March 2025 quarter.

Over the past twelve months, the CPI has increased by 2.4%.

The most significant contributors to this quarterly rise were Housing (+1.7%), Education (+5.2%), and Food and non-alcoholic beverages (+1.2%).

However, these increases were partially offset by price declines in Recreation and culture (-1.6%) and Furnishings, household equipment and services (-0.9%).

According to the annual Consumer Price Index, inflation stood at 2.4 percent in the March quarter, showing no significant change compared to the December quarter.

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