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Australia, headline inflation
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 CPI Inflation Slows to 3-Year Low of 2.7%
SYDNEY (Reuters) - Australian consumer price inflation slowed to a three-year low in August due to government rebates on electricity and a drop in petrol, while core inflation hit its lowest since early 2022 in a sign costs were cooling albeit gradually.
Australia’s Headline Inflation Rate Falls Back to Target
Australia’s headline inflation rate fell within the Reserve Bank of Australia’s target band for the first time since 2021 in August, but economists warn that this won’t trigger an immediate interest-rate cut.
Australia, central bank and rates
Australia's central bank keeps rates on hold, stays hawkish
Australia's central bank on Tuesday held interest rates steady as expected and reiterated that policy needed to stay tight, sticking to its guns a week after the Federal Reserve started its easing campaign with a bang.
Australia's Central Bank Keeps Cash Rate at 4.35%
Wrapping up its September policy meeting, the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35% and said policy would have to be sufficiently restrictive to ensure inflation returned to target.
Australia’s Central Bank Keeps Rates on Hold, Defying Global Trend
The Reserve Bank of Australia kept interest rates steady, deepening a split with global counterparts including the Federal Reserve that are loosening policy as they grow increasingly confident that inflation is under control.
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To read more of The Economist’s data journalism visit our Graphic detail page.
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Diamond Princess Repositions to Australia
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20h
on MSN
Australia stocks lower at close of trade; S&P/ASX 200 down 0.13%
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4E Sydney Celebrates 10th Anniversary With 10-Week Program That Celebrates Local Hip Hop
Running over 10 weeks between October and November, 4E Sydney will see some of Australia's best hip-hop talent engage with ...
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