Australia's consumer prices rose 3.2% in the third quarter, the strongest gain in more than a year. The increase topped the 2.1% rise in the second quarter and came in above the 3% forecast by ...
By Stella Qiu SYDNEY, Feb 25 (Reuters) - Australian consumer prices rose by more than expected in January, while core ...
Australias inflation rate came in stronger than expected in January, intensifying speculation that the Reserve Bank of Australia (RBA) may consider another interest rate hike in the coming months.
SYDNEY (Reuters) -Australian consumer prices jumped by the most in 2-1/2 years in the September quarter as electricity and travel costs climbed, while a shockingly large increase in the core inflation ...
The Reserve Bank of Australia said the decision to hold rates was due to the decline in underlying inflation slowing. This comes after the country earlier this month reported headline inflation rate ...
SYDNEY (Reuters) -Australian consumer inflation accelerated for a fourth straight month in October, a new data series showed on Wednesday, a hot result that has markets giving up hopes of more policy ...
Australia's inflation came in at 3.6%, its highest level in six quarters. On a quarterly basis, inflation came in at 0.6%. RBA officials say interest rate cuts this year are unlikely. Australia's ...
The data highlights that inflation remains a thorn in the side of the central bank, and that an increase in interest rates is highly likely to be repeated in coming months.