Inflation in Australia remained in retreat in the final quarter of 2024, stoking the case for the central bank to join the global easing cycle by cutting rates at its coming meeting in February.
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Australia's annual inflation rate eased to 2.4% in the fourth quarter, down from 2.8% in the previous period and below expectations of 2.5%. Core inflation, the RBA’s preferred inflation gauge, fell ...
Of course, you probably don’t spend on the exact same things, or buy the exact same amount, as people on the other side of ...
On the domestic front, Australia’s Q4 Consumer Price Index (CPI) showed headline inflation at 2.5% YoY, down from 2.8%, and a trimmed mean CPI at a three-year low of 3.2%.
Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing ...
Key statistics: • The Consumer Price Index (CPI) rose 0.2% this quarter. • Over the twelve months to the December 2024 quarter, the CPI rose 2.4%. • The most significant price rises this quarter were ...
The S&P/ASX 200 Index (ASX: XJO) is enjoying another day of gains amid sliding inflation. So, when will the RBA start cutting ...
The new inflation numbers are a bombshell. But until the RBA cuts interest rates, the government won't see much love from the public.
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