A gauge of Australia’s monthly inflation accelerated in August to the top of the Reserve Bank’s 2-3% target, supporting the ...
Inflation has risen three per cent in the 12 months to August, putting hopes of immediate rate relief "off the table".
Australian consumer confidence fell last week as the Reserve Bank of Australia left interest rates on hold and signaled that ...
Australia's central bank on Tuesday left its cash rate steady as expected at 3.60%, saying recent data suggested inflation ...
The chief economist of Australia’s largest bank predicts there is still some disinflation to come, potentially paving the way ...
Inflation pressures are once again building in Australia, with a monthly reading hitting its highest level in just over a year in August.
The Reserve Bank of Australia said the decision to hold rates was due to the decline in underlying inflation slowing.
Traders pared bets on near-term policy easing in Australia as the central bank warned that third-quarter inflation may come ...
The Westpac-Melbourne Institute consumer sentiment index fell 3.5% to 92.1 in October from September. Consumer confidence has now fallen 6.5% over the last two months, giving back strong gains seen ...
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 ...
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 ...
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 ...