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By Stella Qiu SYDNEY (Reuters) -Core inflation in Australia slowed to a three-year low in the first quarter as costs in the ...
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 ...
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Australians vote Saturday in general elections being dominated by the soaring cost of living, the economy, energy and China.
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.
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 ...
What will they do to inflation and growth in Australia? Economists have scrambled to answer those questions, and they say the chances of interest rate cuts have increased in Australia ...
CBA has also labelled a May rate cut a “done deal”, although this is based on Australia’s all important trimmed mean inflation rate, which the RBA uses when making rate decsions to increase ...
Australian inflation slowed in the first quarter of 2025, supporting the case for the country’s central bank to keep cutting interest rates next month.