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Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, ...
Australia Treasurer Jim Chalmers said the market was justified to expect more interest rate cuts after annual core inflation ...
This was higher than the Reuters expectations of a 2.3% climb, and unchanged than the 2.4% rise in the last quarter of 2024.
The key trimmed mean measure of core inflation increased by 0.7% in the quarter, again above forecasts of a 0.6% gain. The ...
With the key measures of inflation back within the Reserve Bank’s target band, expectations are growing for a second rate cut ...
What does it include? From Tokyo to Los Angeles, Trump’s policies loom over May Day marches Affordable housing is in short ...
Australia’s S&P/ASX 200 is on track to open higher ahead of the release of inflation data that economists expect will support a central-bank interest-rate cut next month.
John Hawkins was previously a senior economist in the Reserve Bank. Stephen Bartos does not work for, consult, own shares in or receive funding from any company or organization that would benefit ...
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 ...
The AUD/USD pair was trading at 0.6410, much higher than the year-to-date low of 0.5918. What next for the Australian dollar?
Australias CPI during the March quarter 2025 is a mixed bag. The CPI rose 0.9% quarter-on-quarter, sharply higher than the 0.2% rise in the preceding quarter. However, year-over-year CPI remained flat ...
Oxford Economics Australia head of macroeconomic forecasting Sean Langcake said housing cost inflation was showing clear signs of easing. “New dwelling construction costs fell for a second ...