WebMar 8, 2024 · I would now like to return to the battle against inflation. In the December quarter, the headline inflation rate reached 7.8 per cent (Graph 3). This is the highest rate in more than three decades. As we know from the 1970s and 1980s, high inflation is damaging and undermines people’s living standards. WebMay 8, 2024 · The recent surge in consumer inflation has caught the RBA by surprise. ... It was the fastest quarterly growth in prices since the RBA began targeting inflation in 1993. …

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WebNov 30, 2024 · The ABS estimates that in October annual inflation slowed, from 7.3% to 6.9%. This was well below estimates and marked four months where inflation has … WebApr 9, 2024 · With the RBA delicately attempting to navigate Australia along "the narrow path to a soft landing", New Zealand appears hell-bent on sending its economy into a tailspin and fiery crash, writes ... ksby channel 6

Australian Inflation Chart Pack RBA - Reserve Bank of Australia

WebAustralia Inflation Rate. The annual inflation rate in Australia climbed to 7.8% in Q4 of 2024 from 7.3% in Q3 and above market forecasts of 7.5%. This was the highest print since Q1 … WebThe RBA also kept the interest rate on Exchange Settlement balances unchanged at 3.5%. source: Reserve Bank of Australia Interest Rate in Australia averaged 3.84 percent from … WebJan 25, 2024 · The consumer price index (CPI) is a quarterly measure of inflation published by the Australian Bureau of Statistics (ABS). The ABS also publishes a monthly CPI … ksby channel lineup