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Showing 1 - 9 of 9 results for "CPI Indicator"

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... Bank of Australia (RBA) will be feeling disappointed after the Australian Bureau of Statistics (ABS) released the CPI indicator or May showing an annual increase of 4%, up from 3.4% in February. Canstar group executive, financial services Steve Mickenbecker ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... inflation," ABS head of prices statistics Michelle Marquardt said. "When excluding these volatile items from the monthly CPI indicator, the annual rise in November was 4.8%, lower than the annual rise of 5.1% in October." Since its introduction on 20 ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... received on the domestic economy since the November meeting has been in line with expectations. She said the monthly CPI indicator for October suggests that inflation is continuing to decrease, mainly due to the goods sector. However, she noted that ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... the headline CPI to provide a view of underlying inflation. When excluding these volatile items from the monthly CPI indicator, the annual rise of 5.5% in August is lower than the annual rise of 5.8 in July." Meanwhile, HSBC chief economist Australia ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... fuel, and holiday travel, the ABS said the decline in inflation is more modest. "The annual increase for the monthly CPI indicator was 6.4% in May, slightly lower than the rise of 6.5% recorded in April and down from a peak of 7.3% in December 2022," ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... peaked, it is still too high and is set to take some time to fall back to the RBA's 2-3% target. The monthly CPI indicator for April rose strongly after three months of weaker prints. This index is new, experimental, and volatile, but gives an indication ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... provide a view of underlying inflation. "When excluding these volatile items, the annual movement of the monthly CPI indicator was 6.5% in April, lower than 6.9% recorded in March," she said. Although RBA governor Phillip Lowe told the Senate economics ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... unemployment rate dipped to 3.5% in February from 3.7% in January," he said. The February retail trade and monthly CPI indicator are the final two pending. "... both [to be] published next week, could make or break the case to hike or pause," Aird concluded. ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... that the RBA's forecasts are unchanged since its full forecast update in November." "It directly cited the month CPI indicator figures, which were lower than expected (6.9%), but still cited the RBA's previous inflation forecast of a peak around 8% ...
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