Australia inflation slows to 3-year low in August, core also trends ...
WEB5 days ago · SYDNEY, Sept 25 (Reuters) - Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity, while core inflation hit its lowest since early ...
Australia's inflation rate has come within its target range, but …
WEB4 days ago · Australia’s inflation rate has come within the RBA’s target range in the month of August, easing from 3.5% in July to 2.7%, according to a Wednesday release from the country’s Bureau of ...
Inflation up but RBA's 'core' target fell, delivering 'good news' on ...
WEBJul 31, 2024 · Australia's annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year. According to the Australian Bureau of Statistics (ABS), prices rose by 1 per cent in the June quarter, which followed the 1 per cent increase in prices in the March quarter.
Inflation slows with power subsidies and cheaper petrol but …
WEB6 days ago · Alcohol and tobacco prices rose 6.6 per cent, food and beverages 3.4 per cent, and housing 2.6 per cent in the year to August, but transport fell by 1.1 per cent. Fuel sank 7.6 per cent. Interest ...
Interest rates, inflation: Chalmers predicts substantial drop in ...
WEBThe Treasurer has made a huge call on Australia’s inflation rate, ahead of a new report coming out on Wednesday, one day after the next RBA board meeting. Speaking to Sky News on Sunday, while ...
Inflation Australia: Monthly CPI surges again to highest level this ...
WEBJun 26, 2024 · Inflation has risen once again, with the monthly consumer price index (CPI) surging to its highest level this year, sparking fears of another interest rate rise.
The RBA says the fight against inflation has entered a new phase.
WEBAug 16, 2023 · Australia has entered a new frontier in its fight against inflation after the Reserve Bank left interest rates on hold at 4.1 per cent for the second month in a row at its August meeting.
Annual inflation slows to 3.6 per cent as higher than expected …
WEBApr 24, 2024 · The latest Consumer Price Index data from the Australian Bureau of Statistics showed prices increased by 1 per cent during the March quarter, leaving the annual inflation rate at 3.6 per cent. Economists had expected inflation to increase by 0.8 per cent in the March quarter, and by 3.5 per cent annually.
Inflation further cools in Australia as confidence of 'soft landing ...
WEBJan 31, 2024 · The Australian Bureau of Statistics said the latest consumers price index, or CPI, fell to 4.1%, down from 5.4% in September. The result means annual inflation rate is now at its lowest level since December 2021, while quarterly inflation was 0.6%, down from 1.2% in September.
Australia returns to raising interest rates as inflation persists
WEBNov 7, 2023 · The Reserve Bank of Australia increased interest rates by a quarter of a percentage point to 4.35 per cent and raised its inflation expectations for 2024.