Transcript 4698
EMBARGO: 7.00 p. m.
FOR PRESS 30 APRIL 1978
ELECTORATE TALK
This week's announcement of an increase of only 1.3 percent irk
the Consumer Price Index is more welcome economic news for Australia.
It is certainly good news for business, housewives, farmers all
sections of the community.
This quarter's increase in the CPI indicates that we are in the
best position for over five years to overcome the evil of inflation.
The figure confirms that Australia's inflation rate is running at
about 8 percent. This is a significant improvement.