- The Australian Bureau of Statistics released official data on the national economy, monitoring CPI and inflation rates, which impacts global oil prices and market stability in the Middle East.
- Core inflation increased above the RBA target band, based on data released by the Australian Bureau of Statistics.
Inflation data is influencing the RBA's next policy move, with specific implications for SME owners.
3 reports, 3 independent
Updated Aug 26
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Inflation data is influencing the RBA's next policy move, with specific implications for SME owners.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Michael Dockery urges the RBA to take action regarding current inflation levels.Sub-event
Inflation data is driving RBA policy decisions and impacting SME owners.1 source
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The entities involved
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RBA
Spanish media enterprise
- The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.
- The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.
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SME
Slovakian newspaper
Related events
- The Reserve Bank of Australia is factoring in new consumer spending data when assessing current inflation risks in the country.
- ABS reports inflation data, which is monitored by the RBA.
- Goldman Sachs and RBA provided new forecasts on inflation and rate hikes.
- RBA believes Australia's rate-hike cycle has ended, prompting financial institutions like Barclays and Capital Economics to adjust their economic forecasts.
- The RBA raises interest rates to manage inflation, influenced by GDP data and economic disruptions caused by the Middle East conflict.