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Showing 21 - 30 of 201 results for "headline inflation"

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... specified on numerous occasions that it will not be persuaded by temporary measures that artificially lower the headline inflation figure," McCormack said. "In this case, the government's energy rebates. The preferred inflation measure, the trimmed ...

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... its World Economic Outcomes report, the IMF predicted Australia would be one of two advanced economies with headline inflation above 3% by the end of next year, along with Slovakia. Despite Australia's poor economic outlook, the IMF said global growth ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... RBA is still focused on its high inflation challenge. The statement intentionally pointed out that although headline inflation is set to come down in the coming period, the RBA will remain focused on the underlying measures of inflation," Bloxham said. ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in 2025, and 1.9% in 2026. "Inflation is expected to rise again in the latter part of this year ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... outcomes may also have an impact on demand, although federal and state energy rebates will temporarily reduce headline inflation," the board said. "The persistence of services price inflation is a key uncertainty. Also, although growth in unit labour ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... remains elevated. The bank predicts inflation will likely stay above target well into next year. It now forecasts headline inflation averaging 2.5% in 2024, 2.2% in 2025, and 1.9% in 2026. The ECB said it is determined to ensure that inflation returns ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... being delivered broadly, rather than targeted at those doing it toughest. Electricity rebates may alleviate headline inflation but will drive spending elsewhere. This risks working against monetary policy." What's missing The Financial Advice Association ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... businesses will receive $325 on their electricity bills throughout the year. This is estimated to directly reduce headline inflation by around 0.5% in 2024-25 and is not expected to add to broader inflationary pressures. Renters will also receive some ...

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
... starting to ease, Russia's invasion of Ukraine led to spikes in energy and some food prices," she said. Headline inflation around the world might now be declining as "goods price inflation is continuing to ease and the energy price rises have unwound" ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... naturally decline and come out of the numbers," she said. "And we are observing a lot of that. That's why headline inflation has come down quite quickly overseas and has also come down in Australia." Given that Australia has not recorded any meaningful ...