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Fuel prices rise more than double inflation to June 2024, with relief finally starting to hit
Even though Australians are buying less petrol and diesel, bowser prices rose far and above inflation in the 12 months to June, adding to the cost-of-living crunch.
An Australian Competition and Consumer Commission quarterly report released on Tuesday shows in the 12 months to June 2024, fuel prices rose by 7.7 per cent, more than twice the 3.8 per cent rise of the consumer price index.
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