Aussie inflation print justifies RBA rate hike

In a classic scheduling error, the Australian Bureau of Statistics (ABS) released the August quarter consumer price inflation (CPI) report a day after the Reserve Bank of Australia (RBA) raised the official cash rate by 0.25%. Tuesday’s media release from the RBA accompanying its 0.25% rate hike noted that “inflation remains elevated and some of The post Aussie inflation print justifies RBA rate…

macrobusiness.com.au ·2h ago

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Also reported by 2 other outlets

Inflation jumps to four-month high a day after RBA rate rise theage.com.au
Inflation jumps to four-month high a day after RBA rate rise smh.com.au

Read the original at macrobusiness.com.au →

Aussie inflation print justifies RBA rate hike

Also reported by 2 other outlets

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