Australia Q3 CPI inflation accelerates 3.2% y/y, pushing back RBA easing bets

Investing.comWednesday, October 29, 2025 at 12:54:43 AM
Australia Q3 CPI inflation accelerates 3.2% y/y, pushing back RBA easing bets
Australia's Consumer Price Index (CPI) inflation has accelerated to 3.2% year-on-year in the third quarter, which is raising concerns about the economy and pushing back expectations for interest rate cuts by the Reserve Bank of Australia (RBA). This increase in inflation could lead to tighter monetary policy, affecting borrowing costs and consumer spending, which are crucial for economic growth. As inflation remains above the RBA's target, it complicates the outlook for both consumers and businesses.
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