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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 ...
MEBOURNE, Australia (AP) — Australians vote Saturday in general elections being dominated by the soaring cost of living, the ...
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.
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 ...
"It's a useful reminder of just how distorted Australia's inflation figures are due to attempts to reduce cost-of-living pressures. And it's also why it is so important to focus on underlying ...
2237 GMT – 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.
Australia's first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low. This was higher than the Reuters expectations of a 2.3% climb, and unchanged from ...
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