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

Search Results

Showing 41 - 50 of 668 results for "CPI"

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... present but will still have concerns. "When you put that together with other indicators of strengthening wages growth, and the CPI coming in higher than expected on Wednesday, we have decided to pencil in one more rate hike," he said. "We think we will ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
The Consumer Price Index (CPI) has jumped from 6.3% to 6.8%, adding to theories Australians could be in for another rate hike. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), exceeded economist predictions of ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... August. So much will depend on what happens with the next iteration of inflation data," Felsman said. The consumer price index (CPI), due to be released at the end of July, will also hold weight in determining the RBAs decision. "We still see a strong ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... portfolio manager Scott Solomon believes the RBA will maintain the status quo in May, mirroring April's decision. "The recent CPI print signalled progress is being made on the inflation front and we suspect the RBA would like to see how the economy evolves ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
The Australian Bureau of Statistics (ABS) has reported a decrease in inflation, with the Consumer Price Index (CPI) falling to 7% in the March quarter. ABS head of prices statistics Michelle Marquardt attributed the decrease in inflation to a fall in ...

US CPI inflation rate stays stubbornly high

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
The Consumer Price Index (CPI) rose 0.1% in March, remaining at 5% year on year. NAB economist Taylor Nugent said the US CPI showed welcome, but not overwhelming, progress. "Headline CPI rose less than expected, up 0.1% month on month, and 5.0% year ...

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... consistent with their target, they might not have to lift interest rates quite as much." The other print, Bloxham said, is the CPI measure. "The quarterly measure will be a focus as well. We think it's going to be quite high but will show some clear ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
... inflation becomes ingrained in expectations, it requires even higher interest rates and a larger increase." Currently, Australian CPI is 6.8% - down slightly from its record high of 7.3%. According to Lowe, preserving the value of money is the chief ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
The Consumer Price Index (CPI) has slowed to 6.8% from its record high of 7.3%, adding to theories the Reserve Bank of Australia will pause rate hikes. RBA governor Philip Lowe previously explained the board needed four pieces of domestic data to properly ...

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... investing environment with increased uncertainty. Hobby horse That said, if it's going to get harder for super funds to beat a CPI-plus target, then the practice of applying inflation objectives to short-term products may need a rethink. In Lill's ...