Latest Australian Bureau of Statistics News & Updates

Australia’s Annual Inflation Rate Falls to 3.7% in February

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Canberra, March 25 (IANS) Australia’s annual rate of inflation fell to 3.7 per cent in February, defying the expectation of economists who had forecast it would remain at 3.8 per cent.According to official data released by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by 3.7 per cent in the year to February, down from the 3.8 per cent reported in December and January.The Australian Broadcasting Corporation reported earlier on Wednesday that financial…

Australia’s Unemployment Rate Holds Steady at 4.1% in January

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Canberra, Feb 19 (IANS) Australia’s unemployment rate remained steady at 4.1 per cent in January, according to official data released on Thursday. The latest monthly labour force data from the Australian Bureau of Statistics (ABS) showed that the number of Australians employed on a full-time basis increased by 50,500 between December and January, which was partially offset by a fall in part-time employment of 32,700 people, Xinhua News Agency reported.The official unemployment rate remained at 4…