Quarterly CPI was higher than economists' expectations and will increase speculation that the Reserve Bank may again raise interest rates.
Australia's Consumer Price Index (CPI) has risen 1.2 per cent in the September 2023 quarter, further deepening fears the nation's central bank will be ...
Australian inflation was surprisingly strong in the third quarter amid broad-based and stubborn cost pressures, a headache for policymakers that added ...
Michele Bullock may be forced to deliver a 13th interest rate rise after inflation unexpectedly accelerated to 1.2 per cent in the three months to ...
Just to be sure you knew whom to blame, Chalmers said the lift in unleaded petrol prices - which averaged $1.97 a litre through the September quarter - was the ...
Higher-than-expected inflation through the September quarter, driven by petrol, rents and insurance, have lifted the chances of another interest rate rise.
Consumer prices rose 1.2 per cent in the September quarter, slightly above economist forecasts and increasing the risks of another Reserve Bank interest ...
Consumer prices in Australia remain well above the Reserve Bank's inflation target, and could lead to another interest rate hike.
John Pulitano, co-owner of Headcase Hair in Sydney's inner-eastern suburb of Paddington, is not surprised by the latest inflation data showing the cost of a ...
The Reserve Bank is expected hike rates a 13th at its Melbourne Cup Day board meeting after new data showed a jump in inflation driven by soaring petrol ...
Inflation has slipped from 6% to 5.4%, but the price of petrol climbed 7.2% in the September quarter. Much depends on what the RBA thinks will happen from ...
Data released today by the Australian Bureau of Statistics shows Perth's CPI growth continued to fall in the September quarter, slowing to 4.8 per cent ...
In recent days, new Reserve Bank governor Michele Bullock has rightly declared a low tolerance for allowing inflation to run above the narrow path for it to ...
The jump in underlying inflation will be extremely hard for Michele Bullock to ignore as she tries to shore up the RBA's credibility.
Higher-than-expected inflation data for the September quarter released today has market analysts predicting...
People are already getting hit by higher costs for the necessities of life, reducing their ability to save and spend money on non-essential goods and ...