FOREX TradingCharts.com

Financial News: Australia Inflation Rises To 3.8%

Australia Inflation Rises To 3.8%

11/26/2025 - 01:06:00 (RTTNews)

(RTTNews) - Australia's inflation accelerated in October largely driven by higher electricity costs, data published by the Australian Bureau of Statistics revealed on Wednesday. The monthly CPI rose 3.8 percent year-on-year in October after a 3.6 percent increase in September. Prices were expected to rise again by 3.6 percent.

On a monthly basis, consumer prices remained flat in October, following September's 0.5 percent rise.

The largest contributor to annual inflation was housing, which gained 5.9 percent. This was followed by food and non-alcoholic beverages and recreation and culture, which both rose 3.2 percent, data showed.

Driven by higher electricity prices, goods inflation edged up to 3.8 percent from 3.7 percent in September. Electricity costs posted an annual growth of 37.1 percent. At the same time, services inflation rose to 3.9 percent from 3.5 percent.

"Today's release marks the transition from the quarterly CPI to the complete Monthly CPI as Australia's primary measure of headline inflation," ABS head of prices statistics Michelle Marquardt said.

Trimmed mean inflation for the complete Monthly CPI was 3.3 percent in the twelve months to October, up from 3.2 percent in the twelve months to September.

Earlier this month, the Reserve Bank of Australia retained its key interest rate at 3.60 percent as the full effects of earlier rate cuts are yet to be felt and policymakers became cautious after data showed evidence of more persistent inflation.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


UK Unemployment Rate Rises (18 min(s), 45 sec(s) ago)
(RTTNews) - The UK unemployment rate rose slightly in the three months to October, the Office for ...Full Story»

Indian Private Sector Growth Eases In December (41 min(s), 45 sec(s) ago)
(RTTNews) - India's private sector activity continued to expand sharply in December, though at ...Full Story»

European Economic News Preview: Eurozone Flash PMI Data Due (01 hr(s), 01 min(s), 45 sec(s) ago)
(RTTNews) - Upcoming Eurozone and UK Flash Purchasing Managers' survey results will be in focu ...Full Story»

Japan Composite Index Ebbs In December - S&P Global (47 min(s), 15 sec(s) ago)
(RTTNews) - Japan's composite index continued to expand in December, albeit at a slower pace, ...Full Story»

Australia Composite Index Eases To 51.1 In December - S&P Global (52 min(s), 15 sec(s) ago)
(RTTNews) - Australia's composite index continued to expand in December, albeit at a slower pa ...Full Story»

Japan Manufacturing PMI Data On Tap For Tuesday (43 min(s), 15 sec(s) ago)
(RTTNews) - Japan will on Tuesday see December results for the manufacturing, services and composi ...Full Story»

Eurozone Industrial Production Growth Strongest In 5 Months (57 min(s), 15 sec(s) ago)
(RTTNews) - Euro area industrial production increased at the fastest pace in five months in Octobe ...Full Story»

U.S. Homebuilder Confidence Inches Up In Line With Estimates In December (44 min(s), 15 sec(s) ago)
(RTTNews) - The National Association of Home Builders released a report on Monday showing a modest ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

UK Unemployment Rate Rises

12/16/2025 - 02:29 AM (RTTNews)
(RTTNews) - The UK unemployment rate rose slightly in the three months to October, the Office for ...Full Story>>

Indian Private Sector Growth Eases In December

12/16/2025 - 02:06 AM (RTTNews)
(RTTNews) - India's private sector activity continued to expand sharply in December, though at ...Full Story>>

European Economic News Preview: Eurozone Flash PMI Data Due

12/16/2025 - 01:46 AM (RTTNews)
(RTTNews) - Upcoming Eurozone and UK Flash Purchasing Managers' survey results will be in focu ...Full Story>>

Japan Composite Index Ebbs In December - S&P Global

12/15/2025 - 19:35 PM (RTTNews)
(RTTNews) - Japan's composite index continued to expand in December, albeit at a slower pace, ...Full Story>>

Australia Composite Index Eases To 51.1 In December - S&P Global

12/15/2025 - 18:40 PM (RTTNews)
(RTTNews) - Australia's composite index continued to expand in December, albeit at a slower pa ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.