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Australia’s inflation eases to 3-year low
Australia’s inflation eases to 3-year low in August as core inflation continues to decline
Inflation in Australia slowed significantly in August, hitting its lowest level in three years. This welcome development was largely attributed to government rebates on electricity bills, which played a crucial role in easing consumer price pressures.
Australia inflation slows to 3-year low in Aug, core also trends lower
By Stella Qiu SYDNEY (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 2022 in welcome progress that could open the door to rate cuts.
Australian Inflation Rate Slides to 2.7% in August and into the RBA Target Range
Aussie inflation slows to 2.7%, influencing AUD/USD movement. Softer CPI sparks RBA rate cut speculation, with US home sales data key to the pair’s next move.
21h
on MSN
Inflation falls to within RBA's target limit but economists cautious about overall picture, ASX closes lower
The annual rate of headline inflation fell to 2.7 per cent in August, down from 3.5 per cent in July. The Australian share ...
13h
Inflation is down yet the RBA keeps making mistakes and it is costing you
RBA sounds rate cut alarm after denying Aussies interest relief: 'Message is clear' Royal Australian Mint responds after rare ...
15h
Inflation slows to lowest level in years, but unlikely to push RBA into rate cut - yet
Monthly inflation has slowed to its lowest level in three years on the back of falling fuel prices and the federal government ...
15h
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 ...
13h
Inflation officially within RBA's target band
Down from 3.5% in July and marking the lowest reading since August 2021, the monthly data means inflation finally sits within ...
1d
Australian Dollar Weekly Forecast: RBA and Inflation May Fuel an AUD/USD Run at $0.70
The RBA is expected to hold rates at 4.35%. Investors await key insights from the press conference to gauge AUD/USD movement ...
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