Recent data has complicated the task of the RBA.  Stronger growth, a resilient labour market, rising house prices and an ...
A brutal inflation surprise has sent a jolt through the Australian economy, as consumer prices jumped far more than expected in July, dealing a significant blow to hopes for another interest rate cut ...
SYDNEY—Inflation pressures across the Australian economy continued to abate in May, setting the stage for a third cut in interest rates by the Reserve Bank of Australia next month. The monthly CPI ...
SYDNEY (Reuters) -Australian consumer prices jumped by the most in 2-1/2 years in the September quarter as electricity and travel costs climbed, while a shockingly large increase in the core inflation ...
Australia's headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in at 2.1% year over year, compared to 2.4% in the preceding period. Stream ...
The annual inflation rate in the year to October jumped to 3.8 percent, up from 3.6 percent in September, well above the ...
Australia's central bank cut its policy rate by 25 basis points to the lowest in two years as inflation concerns in the country continue to recede, giving room for the bank to ease monetary policy.
SYDNEY (Reuters) -Australian consumer prices grew at the slowest pace in over four years in the June quarter, data showed on Wednesday, while core inflation hit a fresh three-year low and cemented ...
By Stella Qiu SYDNEY (Reuters) -Australian consumer prices rose at a faster-than-expected pace in October, a new monthly report showed on Wednesday, suggesting a pick-up in inflation that reinforced ...
The annual inflation rate increased slightly in May as an uptick in grocery inflation somewhat offset lower prices at the gasoline pump. And while inflation was relatively tame, economists said they ...