Business
Free childcare and preschool drive biggest drop in consumer prices on record – ABC News
Australia has recorded its biggest-ever quarterly fall in consumer prices, which dropped 1.9 per cent in the June quarter amid the coronavirus pandemic.
Australia has recorded its biggest-ever quarterly fall in consumer prices, which dropped 1.9 per cent in the June quarter amid the coronavirus pandemic.
- Consumer prices fell 1.9 per cent in the June quarter, the biggest drop on records going back to 1948
- Free childcare led the price decline, along with free preschool in some states and much cheaper fuel prices
- Goods in high demand during the COVID shutdowns, such as cleaning products, toilet paper, furniture, appliances …
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