Rba Cpi Forecast 2024

Rba Cpi Forecast 2024. By gareth aird, head of australian economics at cba: Australia's annual inflation rate has hit 7%, according to the australian bureau of statistics latest quarterly figures.


Rba Cpi Forecast 2024

The minutes of the reserve bank of australia meetings are published two weeks after the interest rate decision. The consumer price index (cpi) is a quarterly measure of inflation published by the australian bureau of statistics (abs).

Find Out The Latest Forecasts For Gdp, Inflation, Unemployment And More From The Reserve Bank Of Australia.

The monthly cpi indicator rose 4.0% in the 12 months to may, up from a 3.6% rise in the 12 months to april.

At The Last Rba Meeting In March 2024, The Board Agreed To Keep The National Cash Rate On Hold, Thanks To The Economy Tracking Broadly As Expected, And The Risks Of.

The rba board today left the cash rate on hold at 4.35%, as was universally expected.

Rba Cpi Forecast 2024 Images References :

Consumer Price Index, Australia, June Quarter 2024Release Date 31/07/2024 11:30Am Aest Consumer Price Index, Australia, September Quarter 2024Release Date 30/10/2024 11:30Am.

How will the australian economy perform in the next two years?

Australia's Annual Inflation Rate Has Hit 7%, According To The Australian Bureau Of Statistics Latest Quarterly Figures.

Inflation remains sticky with the cpi at 3.6% โ€” higher than expected โ€” and households having to spend more on essentials.: