As inflation took an unexpected jump in the September quarter, those dealing with the already high cost of owning a car have been hit harder.

Owning a car in Australia is becoming more expensive, and it’s not just down to the cost of buying a new set of wheels – but due to the cost of keeping those wheels on the road.

Australian transport costs increased by 1.2 per cent in the three months to September – a significant jump when compared with the previous quarter’s decline of 0.7 per cent – Wednesday’s quarterly Consumer Price Index (CPI) revealed.

What is the CPI?

For those not bushed-up on their finance news, the CPI is released as a monthly indicator and a complete quarterly report by the Australian Bureau of Statistics (ABS). It is the primary measure of price inflation of consumer

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