Inflation rate Australia LIVE updates: Inflation eases in June, surprising economists and weakening case for rate hike
Australian inflation eased in June, surprising economists and potentially reducing the pressure for further interest rate hikes. However, experts warn that services inflation remains a persistent challenge that keeps the overall rate above the target.
Why it matters
This data influences central bank policy and household financial planning in Australia, reflecting broader global economic trends.
- 4.26am . First published at 12.37am
Key Updates pin 04.26am Thanks for reading pin 03.20am Westpac U-turns on rate hike prediction pin 02.26am Sting in the tail for households: This isn’t victory, it’s relief pin 01.32am Inflation cooled in June pin 02.08am So what does it all mean for interest rates? pin 01.47am More on those inflation figures pin 12.47am What is the current inflation rate? pin 12.54am What are we expecting? downChevron Show more Latest posts pin PINNED POST downArrow Go to latest 04.26am Thanks for reading Daniel Jeffrey shares Share post Thanks for following our live coverage of today’s inflation data.
We’re going to wrap up our blog now. Here’s what happened over the last couple of hours:
Share post More on that AMP forecast we mentioned in our last post – their economists Diana Mousina and My Bui have neatly summed up today’s inflation release.
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