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Hot Topic ACCOUNTANTS
Hot Topic ACCOUNTANTS
Australia
2 mins to read

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.

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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
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Australian inflation at 5.4% poses questions for RBA rate hikes
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