Australia’s Monthly Inflation Accelerates More Than Expected

'Hotter than expected': What the latest jump in inflation figures could mean for borrowers

Inflation figures came in "hotter than expected" which could spook the Reserve Bank of Australia at its next meeting to decide the official cash rate, economists say.

Inflation in Australia Jumps to Highest Level in 12 Months

Australia’s inflation rate picked up speed in July, with consumer prices rising 2.8 percent over the year, the Australian Bureau of Statistics (ABS) reported. That marks a jump from the 1.9 percent annual rise recorded in June. “This is the highest annual inflation rate since July 2024, following several months of easing inflation,” said Michelle Marquardt, ABS head of prices statistics. Underlying inflation, which strips out the most volatile i…

Australia's Monthly Inflation Accelerates More Than Expected

(Bloomberg) — A gauge of Australia’s monthly inflation accelerated faster than expected in July, moving closer to the top of the Reserve Bank’s 2-3% target and supporting a gradual approach to cutting interest rates.

‘Absolute shocker’: Rate cut hopes dashed

Housing costs and alcohol prices have triggered Australia's sharpest inflation spike in 12 months, denting hopes of a further rate cut.

Australia’s Monthly Inflation Accelerates More Than Expected

A gauge of Australia’s monthly inflation accelerated faster than expected in July, moving closer to the top of the Reserve Bank’s 2-3% target and supporting a gradual approach to cutting interest rates.

When is the Australian CPI inflation and how could it affect AUD/USD?

The post When is the Australian CPI inflation and how could it affect AUD/USD? appeared on BitcoinEthereumNews.com. The Australian CPI inflation Overview The Australian Bureau of Statistics (ABS) will publish its monthly Consumer Price Index (CPI) report for July on Wednesday at 01.30 GMT. The monthly CPI is expected to show an increase of 2.3% year-over-year (YoY) in July, compared to a 1.9% figure reported in June.  How could the Australian CP…