Carbon tax had little impact on CPI: Swan

TREASURER Wayne Swan says acceleration has moderated and there’s been no poignant impact from a introduction of a CO tax.

The Australian Bureau of Statistics says a consumer cost index (CPI) rose by only 0.2 per cent in a Dec quarter, that was half of what economists expected.

This was a pointy slack down from a 1.4 per cent burst in a Sep entertain and left a annual acceleration rate during 2.2 per cent.

Underlying measures of acceleration grew by an normal 0.55 per cent in a Dec quarter, for an annual rate of 2.3 per cent.

Mr Swan pronounced this outcome reflected resigned cost pressures opposite a house with a series of anniversary factors putting downward pressure

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Source:
http://www.news.ezonearticle.com/2013/01/22/carbon-tax-had-little-impact-on-cpi-swan/