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Australia’s inflation tops forecasts at 3.2%, highest in over a year
Inflation surged to 3.2% annually due to persistent price pressures in housing and services, surpassing forecasts and challenging Reserve Bank of Australia's monetary policy.
- The Australian Bureau of Statistics reported consumer prices rose 3.2% in the third quarter on Wednesday, the strongest annual gain in more than a year.
- Earlier this week, the RBA warned that sticky housing and market-services prices could lift inflation, and the economy grew faster than expected in the second quarter, adding pressure to prices.
- Key components reveal CPI rose 1.3% in the September quarter, with electricity costs jumping 12.9%, and the 'trimmed mean' measure increased from 2.7% to 3%.
- The result pushed inflation beyond the Reserve Bank of Australia's 2%–3% target band for the first time since the second quarter of 2024, while the central bank kept its policy rate steady at its last meeting.
- According to LSEG data, market pricing puts around 43% chance of a 0.25 percentage point cut next week, with Bullock warning a 'material miss' in quarterly inflation figures.
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25 Articles
Australia Q3 CPI unexpectedly surges to 3.2%,monthly CPI hits 14-month
Australia's annual inflation rate accelerated to 3.2% in Q3 2025, a notable increase from the 2.1% recorded in the second quarter. This reading was the highest since Q2, 2024 and came in hotter than market expectations of 3.0%. The inflationary pressure
·United States
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Sydney Morning Herald+2 Reposted by 2 other sources
Chance of rate cut this year all but vanishes after inflation surges
Prices across the economy hit a 15-month high in September in a “material miss” against the Reserve Bank’s expectations, reducing the chances of a rate cut next week.
·Sydney, Australia
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Coverage Details
Total News Sources25
Leaning Left5Leaning Right5Center2Last UpdatedBias Distribution42% Left, 42% Right
Bias Distribution
- 42% of the sources lean Left, 42% of the sources lean Right
42% Right
L 42%
C 16%
R 42%
Factuality
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