Australia's government on Wednesday revised the outlook for inflation sharply higher but it still added to its annual ...

The decision to keep interest rates steady was the RBA board's final interest rate decision for 2025. Its next meeting will not take place until February 2-3, so interest rates will remain at 3.6 per ...

Australia's central bank this month considered whether a rise in interest rates might be needed in 2026 given a recent pick ...

Australia's headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in at 2.1% year over year, compared to 2.4% in the preceding period. Stream ...

The consumer price index rose 3.8% in October, beating economists' forecast for a 3.6% rise. The largest contributor to the elevated inflation was the housing sector, which saw prices rise 5.9%. On a ...

SYDNEY (Reuters) -Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, data showed on Wednesday, supporting the case for another ...

July headline inflation dropped from 3.8% in June to 3.5% YoY in July, though this was slightly higher than the consensus view (consensus 3.4%, ING f 3.5%). However, core measures of inflation came in ...

SYDNEY (Reuters) -Australian consumer prices rose at the fastest annual pace in a year in August after a hot July, suggesting some upside to inflation that prompted markets to pare back the chances of ...

Australia’s core inflation remained elevated last quarter, reinforcing the Reserve Bank’s view that price pressures will take time to dissipate and that monetary policy needs to stay restrictive for ...

At 2.4% year-on-year, Australia’s headline inflation rate in the first quarter was in line with our expectations and remained unchanged compared to the last quarter. Inflation readings across most ...

SYDNEY—Australia’s inflation continued to ease in the second quarter, raising bets that the central bank will deliver its third interest rate cut next month. Consumer prices rose 0.7% ...

This was lower than the 2.2% expected by economists polled by Reuters. It is almost touching the lower band of the 2%-3% target set by the Reserve Bank of Australia. The most significant price rises ...