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Australia
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Aussie inflation at two-year low of 4.1%

Economists had been expecting inflation to come in higher.

The RBA forecasts that inflation will fall to 3% by the end of 2025.

The likelihood of more Reserve Bank of Australia interest rate hikes has receded on the release of inflation figures today which show that quarterly inflation has fallen to a new two-year low of 4.1%.   

In addition to reporting CPI inflation at 4.1% for the three months to the end of December, a

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Lachlan Colquhoun Wed, 31 Jan 2024
Contact the Writer: lachlan@nbr.co.nz
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Aussie inflation at two-year low of 4.1%
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