Australia reports Q4 inflation data below forecasts

Australia inflation cools in Q4, opens door to rate cut
Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door to a cut in interest rates as early as next month.
Australia’s Fourth-Quarter Inflation Cools, Clears Path to February Rate Cut
Inflation in Australia remained in retreat in the final quarter of 2024, stoking the case for the central bank to join the global easing cycle by cutting rates at its coming meeting in February.
Australia reports Q4 inflation data below forecasts; core inflation fall to three-year low of 3.2%
Australia's annual inflation rate eased to 2.4% in the fourth quarter, down from 2.8% in the previous period and below expectations of 2.5%. Core inflation, the RBA’s preferred inflation gauge, fell to a three-year low of 3.
Rate cut chances increase after inflation slows in final quarter of 2024
Financial markets are betting the Reserve Bank will preview a rates reprieve in February, with official figures showing the RBA's preferred measure of inflation fell to 3.2 per cent over the year to December.
Australia CPI grows less than expected in Q4, core inflation above RBA target
CPI grew 2.4% year-on-year in Q4, its slowest pace since early 2021, data from the Australian Bureau of Statistics showed on Wednesday. The reading was just below expectations of 2.5% and eased from the 2.8% seen in the prior quarter. CPI grew 0.2% quarter-on-quarter, slightly less than expectations of 0.3%.
December Australia Inflation: A Cool Report Unlocks A Rate Cut In February
Australia's CPI inflation slows to 2.4% YoY in Q4 2024, driven by government rebates. Click here to find out what investors need to know.
Reserve Bank of Australia’s Days of Self-Doubt Need to End
For a number of years, the Reserve Bank of Australia has been operating under a cloud of self-doubt that it should work to throw off.
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