Australia central bank sees higher inflation
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The inflation reading comes after Reserve Bank of Australia Deputy Governor Andrew Hauser said in an interview that inflation at current levels is "too high."
A chart has laid bare how Australia’s inflation is outstripping that of comparable countries, as the nation awaits a predicted interest rate rise.
Australia's annual inflation rate unexpectedly accelerated in October 2025, climbing to 3.8% from 3.6% in September. This figure surpassed market forecasts, which had anticipated inflation to remain steady at 3.6%. The reading keeps inflation firmly above ...
SYDNEY (Reuters) -Australian consumer prices jumped by the most in 2-1/2 years in the September quarter as electricity and travel costs climbed, while a shockingly large increase in the core inflation reading seemed to rule out any imminent rate cuts.
Higher prices for recreation and culture, as well as the cost of living, were the drivers for a rise in monthly inflation for December 2025, according to a private reading. The Melbourne Institute Monthly Inflation Gauge climbed 3.
Australia's annual inflation rose to 3.8% in December 2025, up from 3.4% in November and exceeding estimates of 3.6%. Services inflation reached a two-year high of 4.1%, influenced by holiday travel and rising rents,