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Showing 101 - 110 of 750 results for "CPI"

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
The Consumer Price Index (CPI) experienced a slight increase in the month of August, jumping to 5.2% from 4.9% in July. Data released by the Australian Bureau of Statistics (ABS) revealed that the major contributors to the price increase included housing ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... Conversely, service sector inflation is projected to stay high, with potential for month-to-month variability. Twelve-month CPI inflation fell 6.7% in August, falling short of prior Committee forecasts by 0.4%. Core goods inflation weakened, declining ...

Betashares expands fixed income range

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... government bond issued by the US Treasury, whose face value and interest payments are adjusted for inflation, as measured by the US CPI. Meanwhile, US10 will provide exposure to US Treasuries with maturities between seven and 10 years. Offering the potential ...

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... Plus." Retire Plus invests in assets with the prospect for income and capital growth. It aims to achieve a net return 4% above CPI per annum over rolling 10-year periods. The fund, which is public offer, has a large membership base that work in the education ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
... Australia (RBA) tightening cycle has peaked. The Australian Bureau of Statistics (ABS) revealed the consumer price index (CPI) came in at 4.9% for July, well down on last month's 5.4%. Annual trimmed mean inflation also fell notably, to 5.6% from 6.0% ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
... prices have a sizeable direct impact on inflation, with retail electricity and gas prices accounting for around 3% of the CPI basket," she said. "There are also indirect effects, as businesses can be expected to gradually pass on higher energy costs ...

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... taking the annual increase to 6.1%. This is just slightly higher than the 6.0% increase in the general Consumer Price Index (CPI). "Retiree budgets have been under substantial pressure for nearly two years due to high costs of essential goods and services," ...

Earnings, profits down at Charter Hall

CHLOE WALKER  |  MONDAY, 21 AUG 2023
The fund manager has reported operating earnings of $441.2 million for FY23, down about $100 million from the year prior. Its statutory profit after tax was $196.1 million, down a significant 78.5% on the previous year. Full year distributions totaled ...

US inflation rises 3.2%

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... find that soaring prices are finally moderating. According to the US Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 0.2% in July on a seasonally adjusted basis year on year. On a month-by-month basis, food prices rose 0.2% in July, while ...

Barwon snaps up $124m of healthcare assets

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... 60 car parks. Sonic Healthcare's Castlereagh Imaging is the anchor tenant, and over 85% of the property's income is CPI-linked. Barwon head of healthcare property Tom Patrick said: "We are delighted to welcome Mons Road Medical Centre to our ...