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Australia's inflation rate has come within its target range, but rate cuts likely won't come anytime soon
Australia's inflation rate has come within the RBA's target range in the month of August, easing from 3.5% in July to 2.7%, according to a Wednesday release from the country's Bureau of Statistics. A ...
Australia’s central bank is “pretty close” to getting inflation back to the midpoint of its 2-3% target while the economy is ...
Australias economy is showing signs of resilience, with the Reserve Bank of Australia (RBA) highlighting both upside and downside risks to growth. Speaking at a financial industry conference, RBA ...
Electricity bills soared 27.16 per cent higher than inflation in two years after the average household cost jumped, a nwe ...
SYDNEY—Australia’s inflation fell back to within the Reserve Bank of Australia’s target band for the first time since mid-2021, but the third-quarter data is unlikely to be a trigger for an immediate ...
SYDNEY (Reuters) -Australian consumer price inflation slowed more than expected in May, while the closely watched core measure hit three-and-a-half-year lows as investors locked in bets for an ...
Australia's first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low. Stream Los Angeles News for free, 24/7, wherever you are. This was higher than the ...
SYDNEY, Aug 28 (Reuters) - Australian inflation slowed to a four-month low in July as government rebates on electricity bills kicked in, but progress on tempering price gains elsewhere disappointed ...
Australia's headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in at 2.1% year over year, compared to 2.4% in the preceding period. This was ...
Inflation numbers this week may determine how comfortable markets are with an expected interest rate cut by the United States ...
At 2.4% year-on-year, Australia’s headline inflation rate in the first quarter was in line with our expectations and remained unchanged compared to the last quarter. Inflation readings across most ...
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