Sign in
Stories
Australia's Inflation Cools, Rate Pause Likely
Share
Aussie and Kiwi Dollars Rally on Wall S...
AUD and NZD Experience Decline
Antipodean Currencies Soar
Australia CPI Rises Amid Concerns
Australia's Business Investment Thrives
Australian CPI Update and RBA's Response
Overview
API
Australia's monthly inflation gauge for October showed a 4.9% rise from a year earlier, potentially leading to a rate pause by the Reserve Bank. The RBA recently raised rates to 4.35%, a 12-year high, due to persistent inflation and a resilient economy. The labor market in Australia remains tight, with strong hiring and a jobless rate holding steady.
Ask a question
How does Australia's inflation rate compare to that of other major economies, and what implications does this have for global economic stability?
How might the potential rate pause impact borrowing costs and economic growth in Australia?
What factors could influence the Reserve Bank's decision on interest rates in the coming months?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Aug 2023
Sep 2023
Oct 2023
Coverage