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, marking a slowdown from previous months, and bringing the annual inflation rate to 4.6%. The core inflation measure, which excludes volatile items like food and energy, cooled to 4.2% year-on-year, indicating a moderation in price pressures. The Reserve Bank of Australia (RBA) has been closely monitoring inflation trends as it considers future monetary policy adjustments. The data suggests that inflationary pressures are easing, providing some relief to policymakers aiming to balance economic growth with price stability. Despite the slowdown, inflation remains above the RBA's target range of 2-3%, prompting ongoing discussions about potential interest rate hikes to curb inflation without hindering economic recovery.
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