Financial News: Australia Inflation Steady At 2.4%

Australia Inflation Steady At 2.4%

05/28/2025 - 02:23:00 (RTTNews)

(RTTNews) - Australia's consumer prices registered a steady increase in April, the Australian Bureau of Statistics reported Wednesday.

The monthly CPI indicator rose 2.4 percent year-on-year in April, the same as seen in March and February. The rate was forecast to ease marginally to 2.3 percent.

The largest contributors to the annual movement were food and non-alcoholic beverages, housing, and recreation and culture.

Excluding volatile items and holiday travel, the monthly CPI indicator rose 2.8 percent in April following a 2.6 percent rise in March.

Annual trimmed mean inflation climbed to 2.8 percent in April from the 2.7 percent in March.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Inflation Data Due On Friday (01 hr(s), 25 min(s), 20 sec(s) ago)
(RTTNews) - Japan will on Friday release July figures for Tokyo inflation, highlighting a light da ...Full Story»

Turkish Central Bank Slashes Interest Rate To 43% (02 hr(s), 07 min(s), 20 sec(s) ago)
(RTTNews) - Turkey's central bank lowered interest rates more than expected on Thursday in a b ...Full Story»

U.S. New Home Sales Rebound Much Less Than Expected In June (08 hr(s), 06 min(s), 20 sec(s) ago)
(RTTNews) - After reporting a steep drop by new home sales in the U.S. in the previous month, the ...Full Story»

Treasury Announces Details Of Two-Year, Five-Year & Seven-Year Note Auctions (08 hr(s), 05 min(s), 20 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

U.S. Initial Jobless Claims Unexpectedly Dip To 217,000 (08 hr(s), 48 min(s), 20 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday unexpectedly showing another modest ...Full Story»

ECB Leaves Rates Unchanged As Expected (09 hr(s), 32 min(s), 20 sec(s) ago)
(RTTNews) - The European Central Bank held its key interest rates steady on Thursday, in line with ...Full Story»

UK Private Sector Growth Moderates On Services Activity (10 hr(s), 13 min(s), 20 sec(s) ago)
(RTTNews) - UK private sector output continued to grow in July but the pace of expansion moderated ...Full Story»

Eurozone Private Sector Growth At 11-Month High (10 hr(s), 47 min(s), 20 sec(s) ago)
(RTTNews) - The euro area private sector grew at the fastest pace in almost a year in July as the ...Full Story»