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Showing 1 - 10 of 40 results for "CPI data"

Inflation remains firm, May rate hike still in play

ELIZA BAVIN  |  THURSDAY, 26 MAR 2026
... Iran." Bassanese said this is why the Reserve Bank of Australia (RBA) will not be waiting on the all important quarterly CPI data, due to be released in April. "All up, we'll get a better picture of recent inflation trends when the all-important March ...

Unemployment data throws 'curveball' at RBA

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... and Victoria (4.6%) are higher than the overall rate (4.3%), which rose 0.2 pp. Absent any upside surprise in the Q2 CPI data later this month we think there will be a reasonable possibility for a larger rate cut. We still expect the cash rate to hit ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... annual trimmed mean inflation to 2.4%, monthly reports are notoriously volatile." Bassanese said as the RBA awaits further CPI data towards the end of July, the August rate decision is still up for debate. "Assuming annual trimmed mean inflation in the ...

Inflation figures point to May rate cut

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... Krishna Bhimavarapu agreed a May rate cut is expected, but said that's not what economists will be focused on. "Today's CPI data makes a May rate cut a near certainty, but that is an old hat for Australia. What needs to be seen is whether the RBA changes ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... the numbers, so we need to see the full quarterly (released January 29) before we can draw any firm conclusions." The CPI data showed the biggest fall in monthly CPI came from electricity, which was down 21.5% thanks to state and federal government subsidies. ...

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
Yesterday's CPI data - which showed trimmed mean inflation has remained stubbornly high - put the final nail in the coffin for those hoping for an interest rate cut in 2024. Commonwealth Bank head of Australian economics Gareth Aird was one of the last ...

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... support for the most vulnerable should be maintained." The Australian Bureau of Statistics will release September monthly CPI data next week. The Reserve Bank of Australia has said it will be looking closely at the monthly CPI read to determine its next ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... as the core reason of the cut. RBNZ aims to contain inflation between a target range of 1% to 3% with the most recent CPI data showing inflation at 3.3%. As inflation begins to ease around the world, pundits are calling for a bold 50 basis point rate ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... is moving towards the target band, the RBA would likely feel uncomfortable waiting a further three months for the next CPI data release and will "surely lift rates in August". "The risk of baked-in inflationary expectations is too high," he said. "Three ...

Interest rate relief unlikely 'this side of Christmas'

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
The higher-than-expected monthly CPI data for April could mean the Reserve Bank of Australia's (RBA) hands are tied when it comes to higher-for-longer interest rates. Annual growth in the non-seasonally adjusted CPI lifted from 3.5% to 3.6% in April ...
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