Australia’s Fourth-Quarter Inflation Cools, Clears Path to February Rate Cut
Inflation in Australia remained in retreat in the final quarter of 2024, stoking the case for the central bank to join the global easing cycle by cutting rates at its coming meeting in February.
Australia inflation cools in Q4, opens door to rate cut
Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door to a cut in interest rates as early as next month.
Quarterly inflation drops, raising hopes for interest rate cut
The largest price rises were alcohol and tobacco, along with recreation and culture, while housing and transport offset the increase.
Australian inflation plunges to 3.2%, signaling RBA rate cut
Australian inflation has eased to a three-year low of 3.2%, raising expectations for a potential interest rate cut by the Reserve Bank of Australia (RBA). This could provide relief to mortgage holders and boost government support ahead of the upcoming election.
Rate cut chances increase after inflation slows in final quarter of 2024
Financial markets are betting the Reserve Bank will preview a rates reprieve in February, with official figures showing the RBA's preferred measure of inflation fell to 3.2 per cent over the year to December.
Australia Inflation Rises 0.2% On Quarter In Q4
Consumer prices in Australia were up a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2024, the Australian
Australia's Q4 Inflation Slows Slightly, RBA Rate Outlook Unclear
Australias consumer price index (CPI) inflation grew less than expected in the fourth quarter, signaling a slowdown but still remaining above the Reserve Bank of Australias (RBA) target range. Data from the
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Aussie CPI at 2.4% puts rate cuts into play
Prices for electricity, automotive fuel and new houses were the main factors in falling inflation. A larger than expected ...
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Consumer Price Index, Australia, December Quarter 2024
Key statistics The Consumer Price Index (CPI) rose 0.2% this quarter. Over the twelve months to the December 2024 quarter, ...
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Crucial inflation data to determine RBA rate call
For the first time in more than a year, there is chance the Reserve Bank of Australia could cut interest rates at its ...
Australian markets edge slightly lower ahead of CPI data
The benchmark S&P/ASX 200 slid 0.12 percent to 8,399.10, with property developers, energy and tech stocks leading losses. The broader All Ordinaries index ended down 0.18 percent at 8,644.50.