Live: Inflation rose much more than expected last month:
Headline inflation rose to 0.8 per cent in September, taking annual inflation for 4.3 per cent ...
abc.net.au/news/2026-10-28/asx-markets-business-live-news/107316614
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theguardian.com/business/2026/jul/29/cpi-rate-inflation-rba-reserve-bank-australia-interest-rates
Key FactsInflation Dip Challenges Australia’s Interest Rate Path
Jul 29, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: news.com.au
Summary created with AI assistance · Source: news.com.au
- Headline inflation dropped to 3.8% in the year to June, slightly below May’s figure but still above the Reserve Bank’s target.
- The Reserve Bank’s preferred trimmed mean inflation rate stayed steady at 3.6%, signaling persistent price pressures.
- Economists view the data as a key turning point, yet the uncertain economy may still force the RBA to increase rates next month.
- Housing and electricity costs led inflation rises, with electricity prices up 22.4% due to the end of government rebates.
The board is prepared to act as required to achieve its mandate, including by increasing the cash rate further if needed.— Michele Bullock, RBA governor, in a speech at the Anika Foundation fundraising lunch.
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