Australia's August CPI rises 0.3% month-on-month
Source: Australia's inflation tops one-year high in August, rate cut bets soften (2025-09-24)
Australia's consumer price index (CPI) increased by 0.3% in August, driven mainly by higher housing costs and fuel prices, according to official data. The annual inflation rate slowed to 4.6%, down from 4.9% in July, indicating a cooling in core inflation pressures. The Reserve Bank of Australia (RBA) closely monitors these figures as it considers future monetary policy adjustments. Despite the monthly rise, core inflation measures showed signs of easing, with the trimmed mean and weighted median both remaining steady at 4.2% and 4.3%, respectively. Economists suggest that the moderation in inflation could give the RBA room to pause or slow its interest rate hikes, which have been aimed at curbing inflation without derailing economic growth.