Mon, 05 Mar 2012 08:23:07 GMT
Australian inflation fell on the lower transport costs
Consumer prices increased slightly in February on the considerably lower costs due to holidays. The TD Securities-Melbourne Institute gauge of inflation increased by 0.1% last month after growing by 0.2% in January. Taken yearly changes, the gauge of inflation increased by 2.0% in February, being in compliance with the RBA target of inflation rate being between 2% and 3%.