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 the previous month, according to official data. The annual inflation rate eased to 4.6%, down from 4.9% in July, driven by softer core inflation figures, which rose 0.2% month-on-month and 4.3% year-on-year. The Reserve Bank of Australia (RBA) closely monitors these figures as it considers future monetary policy adjustments amid ongoing inflation pressures. The report indicates that while overall inflation remains elevated, the moderation in core inflation suggests some easing in price pressures. Analysts note that the data could support the RBA's decision to pause or slow the pace of interest rate hikes, as inflation continues to trend downward. However, persistent cost-of-living increases and global economic uncertainties remain factors influencing Australia's economic outlook.

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