AU CPI q/q
Consumer prices account for a majority of overall inflation. Inflation is important because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
Although this data is extremely late relative to inflation data from other countries, it's the primary gauge of consumer prices;
- AU CPI q/q Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Jan 28, 2025 | 0.2% | 0.3% | 0.2% |
| Oct 29, 2024 | 0.2% | 0.3% | 1.0% |
| Jul 30, 2024 | 1.0% | 1.0% | 1.0% |
| Apr 23, 2024 | 1.0% | 0.8% | 0.6% |
| Jan 30, 2024 | 0.6% | 0.8% | 1.2% |
| Oct 24, 2023 | 1.2% | 1.1% | 0.8% |
| Jul 25, 2023 | 0.8% | 1.0% | 1.4% |
| Apr 25, 2023 | 1.4% | 1.3% | 1.9% |
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- AU CPI q/q News
From abs.gov.au|Jan 28, 2025Key statistics: • The Consumer Price Index (CPI) rose 0.2% this quarter. • Over the twelve months to the December 2024 quarter, the CPI rose 2.4%. • The most significant price rises this quarter were Recreation and culture (+1.5%) and Alcohol and tobacco (+2.4%). • Partially offsetting the rise were Housing (-0.7%) and Transport (-0.7%). What's new this quarter: Correction to Child care costs in the CPI As explained in the ABS media statement released on 19 November 2024, Correction to child care costs in the CPI, out-of-pocket child ...
From theconversation.com|Oct 30, 2024Lower petrol prices and an electricity rebate have contributed to a further fall in the quarterly measure of inflation, the Consumer Price Index. The rate in the September quarter dropped to 2.8%, putting it for the first time within the Reserve Bank’s target range of two-point-something since the March quarter of 2020. The fall was broadly in keeping with market expectations, and keeps low the likelihood of an interest rate cut this year. The next Reserve Bank meeting is scheduled for Tuesday. The bank pays more attention to the ...
From abs.gov.au|Oct 29, 2024|5 commentsKey statistics: • The Consumer Price Index (CPI) rose 0.2% this quarter. • Over the twelve months to the September 2024 quarter, the CPI rose 2.8%. • The most significant price rises this quarter were Recreation and culture (+1.3%), Food and non-alcoholic beverages (+0.6%), and Alcohol and tobacco (+1.3%). What's new this quarter: Energy Bill Relief Fund rebates The extended and expanded Commonwealth Energy Bill Relief Fund rebates, and the introduction of State government rebates, applied from July 2024. These rebates had the effect ...
From livewiremarkets.com|Aug 2, 2024No doubt by now you’ve heard of the better-than-expected June Consumer Price Inflation (CPI) report that was released on Wednesday. The Australian stock market surged to a new high, and both existing and aspiring mortgage holders breathed a sigh of relief – as most economists are now calling the RBA will stand pat when it meets to decide on its official cash rate on Tuesday next week. That’s the key takeaway, a steady cash rate rather than a higher cash rate is good for stocks and good for the economy, because in both cases it ...
- From abs.gov.au|Jul 30, 2024|1 comment
The Consumer Price Index (CPI) rose 1.0% this quarter. Over the twelve months to the June 2024 quarter, the CPI rose 3.8%. The most significant price rises this quarter were Housing (+1.1%), Food and non-alcoholic beverages (+1.2%), Clothing and footwear (+3.1%), and Alcohol and tobacco (+1.5%). What's new this quarter: Monthly CPI Indicator. The latest monthly inflation data can be found in the Monthly CPI Indicator. For more information on how the Monthly CPI Indicator relates to the quarterly CPI see Introducing a monthly CPI ...
From pepperstone.com|Jul 25, 2024On 31 July (at 11:30 AEST) traders will need to prepare for the Australia Q2 CPI print. It is a clear event risk, where the outcome of the inflation print could significantly impact expectations for policy action at the 6 August RBA meeting. By extension, the CPI print holds the potential to promote a knee-jerk reaction in the AUD FX pairs, the AUS200 and ASX200 interest-rate-sensitive equities (such as consumer stocks, banks, and REITS). The RBA has recently guided that the bank remains vigilant to upside risks to inflation, and ...
From news.com.au|Apr 26, 2024Interest rates risk going higher still, economists have warned, as stubborn inflationary pressures, rebounding economic growth, and continued tightness in the jobs market could force the Reserve Bank to inflict further pain on household borrowers. While the majority of economists still expect the RBA’s next move will be a cut, Judo Bank chief economic adviser Warren Hogan, who correctly predicted Australia’s interest rate path in 2023, tore up his interest rate forecast on Thursday following a string of firmer-than-expected data. Mr ...
From abs.gov.au|Apr 23, 2024|4 commentsThe Consumer Price Index (CPI) rose 1.0% this quarter. • Over the twelve months to the March 2024 quarter, the CPI rose 3.6%. • The most significant price rises this quarter were Rents (+2.1%), Secondary education (+6.1%), Tertiary education (+6.5%) and Medical and hospital services (+2.3%). Main features: All groups CPI, Australia, quarterly and annual movement (%). chart Weighted average of eight capital cities table Annual CPI inflation continues to ease in the March quarter: Annual CPI inflation was 3.6 per cent in the March ...
| Released on Jan 28, 2025 |
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| Released on Oct 29, 2024 |
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| Released on Jul 30, 2024 |
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| Released on Apr 23, 2024 |
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