Articles for Underlying Inflation

Australian share market rises as inflation rate stays steady, Bitcoin pulls back from recent highs — as it happened
1 month, 1 week ago

Australian share market rises as inflation rate stays steady, Bitcoin pulls back from recent highs — as it happened

ABC  

The RBA states on their website that their target for inflation is between 2 and 3 percent. - Allan Thanks for writing in Allan — here's a bit more on what you're referring to for anyone else interested: You're right, the Reserve Bank does target headline inflation between 2-3 per cent. Here's what it contains at the moment, according to …

Inflation Cpi Mean Rba Underlying Inflation Inflation Rate Headline Inflation
RBA says February rate cut not guaranteed even if inflation figures rosy
1 month, 2 weeks ago

RBA says February rate cut not guaranteed even if inflation figures rosy

ABC  

The Reserve Bank could hold off on a February rate cut even if underlying inflation is lower than it expects, a move that would reverberate among mortgaged households and could undermine the federal government's electoral fortunes. But the minutes suggest a rate cut is not assured even if December inflation is low using the Reserve Bank's favoured "underlying" measure, which …

Energy Board Inflation Relief Rate Cut Bill
Reserve Bank keeps interest rates at 4.35pc for eighth-straight meeting despite lower inflation
2 months ago

Reserve Bank keeps interest rates at 4.35pc for eighth-straight meeting despite lower inflation

ABC  

The Reserve Bank of Australia has kept interest rates on hold at 4.35 per cent for its eighth-straight meeting, despite inflation falling to its lowest level in almost four years. In a statement, the RBA said while inflation has "fallen substantially" since it peaked in 2022, underlying inflation remained too high at 3.5 per cent in the September quarter. The …

Board Inflation Bank Interest Rates Interest Cent Think
Australia's inflation rate falls to 3.5-year low in September quarter, as price pressures ease
2 months, 1 week ago

Australia's inflation rate falls to 3.5-year low in September quarter, as price pressures ease

ABC  

Price pressures are easing off, with Australia's annual inflation rate falling to 2.8 per cent, down from 3.8 per cent mid-year — slightly lower than expectations. However, services inflation increased slightly, to an annual rate of 4.6 per cent in the September quarter — the main contributors being higher rents, insurance and child care prices. "Quite simply, service sector inflation …

Inflation Prices Interest Rates Interest Cent Quarter Rate
Reserve Bank boss Michele Bullock mocks Treasurer Jim Chalmers with three cutting words
3 months, 2 weeks ago

Reserve Bank boss Michele Bullock mocks Treasurer Jim Chalmers with three cutting words

Daily Mail  

Reserve Bank chief Michele Bullock has openly mocked Treasurer Jim Chalmers by suggesting she could hypothetically 'smash the economy' with more rate rises. But Ms Bullock has weaponised Dr Chalmers's critique of the most aggressive rate rises in a generation, just three weeks after the Treasurer accused the Reserve Bank of 'smashing the economy'. Reserve Bank chief Michele Bullock told …

Canada Inflation New Zealand Bank Cent Rate Rba
Inflation falls to 3.5pc in July as energy rebates help to push electricity prices lower
4 months, 1 week ago

Inflation falls to 3.5pc in July as energy rebates help to push electricity prices lower

ABC  

The annual rate of headline inflation fell to 3.5 per cent in July, down from 3.8 per cent in June, which will be welcomed by the Reserve Bank. Excluding the rebates, electricity prices would have risen 0.9 per cent in July," she said. "Rents increased 6.9 per cent in the year to July but without our largest increase to Rent …

Energy Inflation Data Electricity Prices Interest Rates Profit
Reserve Bank sees wage growth hitting fastest pace in years — by 2023
3 years, 2 months ago

Reserve Bank sees wage growth hitting fastest pace in years — by 2023

ABC  

The Reserve Bank says wages growth could pick up to its highest pace in years as the economy recovers from the COVID era. Key points: The Reserve Bank is upbeat about the pace of economic recovery It anticipates wages growing at 3 per cent by late 2023, which would be the fastest pace in a decade It's not too concerned …

Growth Inflation Bank Wages Cent Rate 2023
Consumer prices rose in 2020, despite recession, as childcare fees return and health costs climb
3 years, 11 months ago

Consumer prices rose in 2020, despite recession, as childcare fees return and health costs climb

ABC  

Prices for everyday items, such as fruit and vegetables, jumped around wildly last year. Key points: Consumer prices rose 0.9 per cent in the December quarter It lifted the annual pace of inflation from 0.7 per cent to 0.9 per cent for 2020 "Underlying" inflation is running at just 1.3 per cent, which is well below the Reserve Bank's 2-3 …

Consumer Inflation Economic Prices Interest Rates Price Grants
End of free childcare leads to jump in prices ahead of expected interest rate cut
4 years, 2 months ago

End of free childcare leads to jump in prices ahead of expected interest rate cut

ABC  

Consumer prices have risen by 1.6 per cent from the June quarter to the September quarter, driven by the end of temporary free childcare and higher petrol prices. Key points: Childcare prices added 0.9 per cent to CPI over the September 2020 quarter It was the largest quarterly CPI increase in 20 years after a record 1.9 per cent drop …

Childcare Inflation Economic Prices Cent Quarter Rate