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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.
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.
19h
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
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 ...
9h
SBS On the Money: Inflation has slipped into the RBA's target band so what does that mean for interest rates?
Inflation has slipped into the RBA's target band so what does that mean for interest rates? SBS Finance Editor Ricardo ...
14h
Decline in inflation ‘not enough’ for RBA to lower rates
Sky News Political Editor Andrew Clennell says the drop in inflation to 2.7 per cent is “not enough” for the Reserve Bank to ...
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 ...
1d
No RBA rate cut yet, but Governor Bullock is about to find the pressure overwhelming
Figures out on Wednesday are likely to show inflation extraordinarily low. They will add to the pressure on the governor to ...
2d
RBA Set to Extend Rate Pause as Housing Crisis Props Up Prices
Australia’s record household debt was a key factor in the Reserve Bank’s cautious approach to tightening, and now housing is ...
11h
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 ...
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