Australia's inflation rate slows in November
RTE.ie·2026-01-07 15:41

Australian consumer prices rose by less than forecast in November, data showed today, but core inflation showed enough stickiness that investors still saw a risk interest rates would have to be hiked as early as next month.Investors still see a 33% risk that the Reserve Bank of Australia will be forced to hike rates again in February.Data from the Australian Bureau of Statistics showed that its monthly consumer price index (CPI) was unchanged in November from the previous month, while the annual pace slowed ...