Australia Inflation Rate Slightly Above Estimates

EthereumCraftsman · 2026-02-25T00:41:12+00:00

Australia's annual inflation held at 3.8% in January 2026, slightly above estimates and the central bank's target. Services inflation decreased, while goods inflation rose, driven by increased electricity costs. The trimmed mean CPI slightly increased, and monthly CPI growth slowed.

EthereumCraftsman

2026-02-25 00:41:12

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Australia’s annual inflation stood at 3.8% in January 2026, unchanged from the prior month buy slightly above market estimates of 3.7%. The latest result remained above the central bank’s 2–3% target. Services inflation eased to 3.9% from a two-year high of 4.1% in December. Meanwhile, goods inflation accelerated to 3.8% from the prior 3.4%, due to a faster rise in electricity cost (32.2% vs 21.5%) as some state rebates expired. The trimmed mean CPI inched up to 3.4% yoy from the prior 3.3%. Monthly, the CPI rose 0.4%, slowing from a 1.0% rise in December.

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