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Showing 31 - 40 of 201 results for "headline inflation"

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... however a further rate hike in August is not off the table. The Australian Bureaus of Statistics (ABS) said headline inflation was lower than the 7% annual rise in March, marking the second consecutive quarter of lower inflation. CPI rose by 0.8% over ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... were a win for Australians but it's too soon to declare victory in the fight against inflation. "Although headline inflation is coming down, and underlying inflation is also falling, the pulse of inflation is still too high," he said. "Another way ...

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
... uncertainties ahead. "Members observed that, while underlying inflation had been higher than previously forecast, headline inflation was below earlier expectations. The forecast was for inflation to fall within the target range by the end of the forecast ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... solid. Consequently, the RBA is likely to raise rates. QIC chief economist Mathew Peter commented that despite headline inflation nearing its peak, the RBA must continue delivering rate hikes today and in March. Anything less would invite market complacency ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... lingering supply disruptions, gradually rising nominal wages and pent-up domestic demand," the report said. Headline inflation is expected to have peaked at around 8% in Q4 2022 and to gradually decline as near-term pressures wane, reaching the Reserve ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... take some time to fade, the Fed will likely hold at the peak for some time," she said. Dall'Angelo forecast headline inflation to come down over 2023, initially driven by lower energy prices and an easing of global supply chain disruptions. BetaShares ...

Australian equities to outperform in 2023: VanEck

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
... opinion that Australia will be the lucky country in 2023 and likely avoid a recession. "Australia has lower headline inflation than the US and many European nations. This means the task of the RBA containing high inflation without triggering a recession ...

China records historic trade surplus

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
China has posted a record high trade surplus after another month of strong exports; however, headline inflation continued its upward trend. Chinese exports exceeded market expectations again in July, supported by shipments to ASEAN and the European ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... prices suggest that headline CPI inflation will remain on a gentle downward trend in August. However, while headline inflation might have peaked in June, it is set to remain at elevated levels for several more months," senior economist Silvia Dall'Angelo ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... of rising inflation. "The outlook for inflation is also materially higher than envisaged three months ago. Headline inflation is now expected to peak at around 6% in the second half of this year, partly driven by higher petrol prices and sharp increases ...