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Australia's inflation rate has come within its target range
Australia's inflation rate has come within its target range, but rate cuts likely won't come anytime soon
The RBA had expected inflation to fall. RBA Gov. Michelle Bullock said that inflation is expected to climb above the target range again when government reliefs expire.
Australia: Inflation Falls Within The Target Range
The headline inflation rate has fallen within the Reserve Bank of Australia’s target range for the first time since October 2021.
Australia Inflation Drops to 3-Year Low in August, Core Rate Remains Above Target
Australias consumer inflation reached a three-year low in August, driven by falling diesel prices and electricity rebates. Despite this, core inflation remains above the Reserve Bank of Australias 2-3% target,
Australia’s inflation falls to lowest level in three years
Australia’s inflation has fallen to its lowest level in three years. According to the Australian Bureau of Statistics, inflation dropped to 2.7 per cent in August – down from 3.5 per cent in July. The decline is partly due to the government’s energy bill rebates,
5d
Australia inflation slows to 3-year low in August, core also trends lower
Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity, while ...
5d
At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters
Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred ...
5d
Australia’s Monthly Inflation Eases to Lowest in Three Years
A partial gauge of Australian inflation cooled in August as government assistance to cushion the impact of energy costs ...
Forbes
5d
Australian Inflation Rate: CPI Falls To 2.7%
Read our advice disclaimer here.
Australia
’s headline
inflation
rate has fallen to its lowest level in almost three years, coming in at 2.7% for the year to August, according to the Australian ...
FXStreet
4d
Australia: Inflation falls to three-year low, opening door to RBA rate cut in 4Q – UOB Group
“The Reserve Bank of
Australia
(RBA) kept rates at a 12-year high of 4.35% following its 24 Sep meeting, as expected, and ...
6d
Australia’s two largest supermarket chains sued over fake-discount claims
The country’s regulator found that Woolworths and Coles hiked the price of Oreos, Kleenex and other staples before cutting ...
5d
on MSN
Headline inflation drops to 2.7pc, down from 3.5pc, as energy rebates kick in
That huge slowdown in the pace of headline inflation was expected, but economists say it needs to be interpreted cautiously.
8h
Germany annual CPI inflation softens to 1.6% in September
Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), declined to 1.6% on a yearly basis in ...
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