Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 161 - 170 of 750 results for "CPI"

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... lift in August to 1.85%. However, the risks are now clearly tilted to an even larger 75 basis point move, especially if Q2 CPI also surprises to the upside again and the Federal Reserve ends up hiking 100 basis points," UBS said. That being said, RBA ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... a torrid 1.3% in June alone. While inflation has surged to its highest level in 41 years, US president Joe Biden said the CPI data doesn't reflect the full impact of nearly 30 days of decreases in gas prices. Biden stated: "Those savings are providing ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... inflation. CPA Australia senior manager of business policy Gavan Ord said: "In reaching today's decision, the RBA has relied on CPI figures for the March quarter. These are the same figures it relied on to raise interest rates by a quarter of a percent ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... coming months and quarters. "The difficulty is central banks must respond to the here and now, and Australia's annual headline CPI of 5.1% cannot be dismissed easily," he said. "The monetary action being taken right now will manifest itself in significantly ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... The percentage increases in the budgets for those aged around 65 were less than the increase in the March quarter All Groups CPI of 2.1%and 5.1%compared to a year earlier. The impact of some increases was softened by the 3.7% increase to the Age Pension ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... around this level thereafter. This would be the lowest rate of unemployment in almost 50 years," Lowe said. Touching on recent CPI figures, Lowe said they largely reflect global pressures but local capacity constraints are increasingly playing a role. ...

Investors sweat over inflation, interest rates: Survey

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
... interest rates is also of increasing concern, Guimatsia said. Note, this survey was undertaken prior to the release of the latest CPI data by the Australian Bureau of Statistics which saw a quarterly increase of 2.1% and annual increase of 5.1%.

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
The Consumer Price Index (CPI) rose 2.1% in the March quarter and 5.1% annually - the greatest increases since the introduction of the Goods and Services Tax in 2000. The growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came ...

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
... to cleaner energy may be delayed. It comes as latest Australian Bureau of Statistics data shows the largest annual jump in CPI since 2000. The report from the World Bank says the war in Ukraine has dealt a massive blow to commodity markets, "altering ...

Easter Bunny feels the inflationary pinch

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... in almost all consumer price index groups in Australia. From the December quarter 2020 to December quarter 2021, all groups CPI rose 3.5%. Transport and housing with 12.5% and 4% respective rises had the largest sector increases.