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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, although they remain above the RBA's target range. Analysts note that the slowdown in core inflation could provide the central bank with some room to pause or slow its rate hikes. However, ongoing supply chain issues and strong domestic demand continue to pose challenges to achieving the RBA's inflation target of around 2-3%.

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