CPI dispels the 'Aussie battler' myth

Australia's latest inflation figures disprove many commonly held ideas about the average cost of living, especially that carbon-swollen electricity bills are a large portion of spending.

The low inflation environment in Australia continued through to the end of 2012 with the consumer price index rising a paltry 0.2 per cent in the quarter and 2.2 per cent through the year.

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