Wed, Apr 24, 2024
Data from the Australian Bureau of Statistics on Wednesday showed the consumer price index (CPI) rose 1 per cent in the first quarter, above market forecasts of 0.8 per cent.
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Wed, Mar 27, 2024
Australia inflation rate 2024 news: Australian consumer price inflation held at a two-year low in February, contrary to expectations for a slight uptick, in a result reinforcing market wagers that the next move in interest rates would be down.
Wed, Feb 28, 2024
For January alone, CPI fell 0.3 per cent from the previous month, driven by declines in holiday travel, clothes and garments and petrol. Holiday travel slumped 5.2 per cent from a month earlier.
Wed, Jan 31, 2024
The annual pace of CPI inflation slowed to 4.1 per cent, from 5.4 per cent, and was well below the peak of 7.8 per cent in December 2022.
Wed, Nov 29, 2023
Analysts have cautioned that the monthly inflation data are heavily skewed towards goods in the first month of the quarter and do not capture price changes for a range of services.
Wed, Oct 25, 2023
The Australian dollar rose 0.5 per cent to a week high of $0.6390 and three-year bond futures tumbled 15 ticks to 95.68.
Wed, Sep 27, 2023
Data from the Australian Bureau of Statistics on Wednesday showed its monthly consumer price index (CPI) rose 5.2 per cent in the year to August.
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