Tobacco: Childhood, smokes push up inflation

28 Jan 2021 - Medical and Scientific

Rising childcare and cigarette costs have pushed the inflation rate a little higher than economists had expected in the final quarter of 2020, leaving the overall increase in prices last year at just under 1 per cent. A 12 per cent rise in tobacco excise in September made up more than a third of the 0.9 per cent increase in the consumer price index in the quarter, the Australian Bureau of Statistics said on Wednesday.

The Australian; 28/01/2021; Page 4; Northern Territory News; 28/01/2021; Page 15; Hobart Mercury; 28/01/2021; Page 30