Nov 1, 2024 · All five Living Cost Indexes (LCIs) rose between 0.3% and 0.6% in the September 2024 quarter. Insurance and financial services and Recreation and culture were the main contributors to quarterly rises across all LCIs. These increases were offset by falls in Electricity and Automotive fuel prices.

Jan 29, 2025 · The odds of an interest rate cut next month have increased, with official figures showing the Reserve Bank of Australia's (RBA) preferred measure of inflation fell to 3.2 per cent over the year to ...

Jan 29, 2025 · The consumer price index (CPI) is a quarterly measure of inflation published by the Australian Bureau of Statistics (ABS). The ABS also publishes a monthly CPI indicator, which is more timely and includes updated prices for around two-thirds of the CPI basket each month.

Annual trimmed mean inflation, which excluded annual falls in Electricity and Automotive fuel, and rises in Tobacco and Rents, alongside other large price rises and falls, was 2.7% in …

Jan 29, 2025 · Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door to a cut in ...

Jan 29, 2025 · Bond market investors now ascribe a 95 per cent chance to a rate cut when the Reserve Bank of Australia meets on February 18, breathing life into Labor’s fortunes.

Australia's inflation rate rose to 3.8% yoy in Q2 of 2024 from a nine-quarters low of 3.6% in Q1, aligning with market consensus. It was the first increase in annual CPI figures since Q4 of 2022, amid higher inflation for both goods (3.2% vs 3.1% in Q1) and services (4.5% vs 4.3%).

Oct 30, 2024 · In short: The headline inflation rate fell to 2.8 per cent in the third quarter of the year, a 3.5-year low, but underlying inflation remains above the Reserve Bank's target band.

What is inflation? Inflation is an increase in the level of prices of the goods and services that households typically buy. A powerful lesson from history is that low and stable inflation is a prerequisite for a strong economy and sustained full employment and growth in real wages.

A set of graphs on Australian Australian Inflation from the Chart Pack