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Australian inflation at 5.4% poses questions for RBA rate hikes

Inflation is falling, but is it falling fast enough?

The Australian Bureau of Statistics recently moved from reporting quarterly to monthly inflation data.

Australia’s annual inflation level fell to to 5.4% in the September quarter but has increased on a monthly basis in a result which clouds the picture for the Reserve Bank of Australia's interest rate decision in November.

The September quarter consumers price index (CPI) came in at 5.4%, down from

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Lachlan Colquhoun Wed, 25 Oct 2023
Contact the Writer: lachlan@nbr.co.nz
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Australian inflation at 5.4% poses questions for RBA rate hikes
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