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Australia's CPI Inflation Steady at 1.0% in Q2, Annual Rate Rises to 3.8%
According to the Australian Bureau of Statistics, Australia's Consumer Price Index (CPI) rose by 1.0% in the second quarter of 2024, matching the increase from the first quarter and market expectations. Annually, CPI inflation increased to 3.8% in Q2 2024, up from 3.6%,...
Australia's CPI Inflation Steady at 1.0% in Q2, Annual Rate Rises to 3.8%
According to the Australian Bureau of Statistics, Australia's Consumer Price Index (CPI) rose by 1.0% in the second quarter of 2024, matching the increase from the first quarter and market expectations. Annually, CPI inflation increased to 3.8% in Q2 2024, up from 3.6%,...
![AU Weekly Wrap | ASX Falls Back Below 8000 Points After Hitting Record Highs This Week Amid Recession Fears; RBA Rate Decision in Focus Next Week](https://sgsnsimg.moomoo.com/sns_client_feed/151000101/20240802/a916d2d42ff3433b90b8881fee4de763.png?area=102&is_public=true)
![AU Weekly Wrap | ASX Falls Back Below 8000 Points After Hitting Record Highs This Week Amid Recession Fears; RBA Rate Decision in Focus Next Week](https://sgsnsimg.moomoo.com/sns_client_feed/151000101/20240802/815396ef960a4a64a97b53201cdfe975.png?area=102&is_public=true)
![AU Weekly Wrap | ASX Falls Back Below 8000 Points After Hitting Record Highs This Week Amid Recession Fears; RBA Rate Decision in Focus Next Week](https://sgsnsimg.moomoo.com/sns_client_feed/151000101/20240802/c8b7e0a9f40e4a1393663dc8c7111f8e.png?area=102&is_public=true)
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The Reserve Bank of Australia (RBA) is expected to keep the cash rate steady at 4.35% in its upcoming meeting on August 6, according to a Reuters poll.
Australia's consumer price index (CPI) rose to 3.8% in the June quarter, matching economists' forecasts and up from 3.6% in the March quarter. Despite this increase, core inflation eased slightly to 3.9% year-on-year, giving hope that the Reserve Bank of Australia (RBA) will hold o...
Australia's consumer price index (CPI) rose to 3.8% in the June quarter, matching economists' forecasts and up from 3.6% in the March quarter. Despite this increase, core inflation eased slightly to 3.9% year-on-year, giving hope that the Reserve Bank of Australia (RBA) will hold o...
![What to Know About Next Week's RBA Decision Amid Easing Inflation](https://sgsnsimg.moomoo.com/sns_client_feed/151000101/20240802/3fc0ae14357f49fab132174b36ef048b.png?area=102&is_public=true)
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