Australia has emerged from a per-capita recession, experiencing its strongest economic growth in two years. According to newly released national accounts data from the Australian Bureau of Statistics (ABS), the …
ABS
-
- Finance
Inflation Remains Stable, Yet Core Figures Climb, Dashing Hopes for a Second Rate Cut
by adminAustralia’s consumer price index (CPI) for January has held steady, although a rise in core inflation has diminished expectations for a potential second interest rate cut in the early part …
-
Australia’s unemployment rate experienced a slight increase in January, rising by 0.1 percentage points to 4.1%, as reported by the Australian Bureau of Statistics. Despite this rise, employment grew by …
-
Australia’s core inflation rate has unexpectedly dropped to 3.2 per cent for the December quarter, raising expectations for a possible interest rate cut next month. While economists predicted a rate …
-
Australia’s unemployment rate edged up to 4.0 per cent in December, a rise of 0.1 per cent, as indicated by recent figures from the Australian Bureau of Statistics. Interestingly, this …
-
Australia’s unemployment rate has unexpectedly fallen to 3.9% in November, according to the latest data from the Australian Bureau of Statistics. This decline surpasses the anticipated rise to 4.2%, marking …
-
The Australian economy’s growth has slowed significantly, recording a mere 0.3 per cent increase in the September quarter and 0.8 per cent over the year, which is below both historical …
-
Inflation in Australia has remained at its lowest level in over three years, with the consumer price index (CPI) holding steady at 2.1 per cent for October, matching the previous …
-
The Reserve Bank of Australia’s decisions on cash rates significantly affect the 3.2 million Australians with home mortgages and influence the broader economy. Key factors governing these decisions include inflation …
-
Australia’s unemployment rate holds steady at 4.1 per cent for the third consecutive month, aligning with economists’ forecasts, although subtle signs of market weakness have emerged. Recent Australian Bureau of …
