-
Australia reports lower-than-expected first-quarter inflation — but price rise highest in 2 years
Australia’s inflation rate soared to 4.09% in the first quarter, marking its highest level in more than two years. The first-quarter inflation figure was lower than the 4.2% expected by economists polled by Reuters, but it still raises the prospects of an interest rate hike by the Reserve Bank of Australia. The data also comes ahead of the Reserve Bank of Australia’s policy meeting next week. The central bank raised rates to 4.1% at its March meeting, the highest level since April 2025. “Developments in the Middle East remain highly uncertain, but under a wide range of possible scenarios could add to global and ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
In the 12 months to March 2026: The Consumer Price Index (CPI) rose 4.6%, up from 3.7% in the 12 months to February 2026. • The largest contributors to annual inflation were Housing (+6.5%), Transport (+8.9%) and Food and non-alcoholic beverages (+3.1%). • Trimmed mean inflation was 3.3%, unchanged from 3.3% in the 12 months to February 2026. In the month ...
Iran has just informed us that they are in a “State of Collapse.” They want us to “Open the Hormuz Strait,” as soon as possible, as they try to figure out their leadership situation (Which I believe they will be able to do!). Thank you for your attention to this matter! President DONALD J. TRUMP
The Bank of Canada is widely expected to keep its benchmark interest rate unchanged at 2.25 per cent when it announces its latest decision later this morning. The central bank is also set to release its latest economic forecast in its quarterly monetary policy report. The bank has been grappling with a confluence of factors that have clouded the outlook for ...
