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 ...

By Stella Qiu SYDNEY (Reuters) -Australian consumer inflation accelerated for a fourth straight month in October, a new data series showed on Wednesday, a hot result that has markets giving up hopes ...

A gauge of Australia’s monthly inflation accelerated in August to the top of the Reserve Bank’s 2-3% target, supporting the case for interest rates to remain on hold and sending the currency higher.

The Reserve Bank held the cash rate at 3.60 per cent, knocking back hopes of mortgage relief during the holiday season.

The annual inflation rate in the year to October jumped to 3.8 percent, up from 3.6 percent in September, well above the Reserve Bank of Australia’s (RBA) target range, with a major factor being the ...

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 economic growth probably accelerated at the fastest pace in three years last quarter, coinciding with hotter ...

The consumer price index rose 2.4% on an annual basis in May 2025, up from 2.3% in April, according to the Bureau of Labor Statistics. Inflation trends are largely encouraging under the surface, and ...