RBA Predicted to Slash Interest Rates 7 Times in 2024-2025

Nathan Bray has a look at the Australian Dollar and Economy after the recent CPI data release suggests that prices are falling. The monthly Consumer Price Index (CPI) indicator rose 7.4 per cent in the year to January 2023, according to the latest data from the Australian Bureau of Statistics (ABS).
ACY Securities | 865 days ago
Stocktwits

Nathan Bray has a look at the Australian Dollar and Economy after the recent CPI data release suggests that prices are falling. The monthly Consumer Price Index (CPI) indicator rose 7.4 per cent in the year to January 2023, according to the latest data from the Australian Bureau of Statistics (ABS).

Michelle Marquardt, ABS Head of Prices Statistics, said "This month's annual increase of 7.4 per cent is lower than the 8.4 per cent rise for the year to December 2022. It is, however, the second highest annual increase since the start of the monthly CPI indicator series in September 2018, signifying ongoing high inflation." 

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

Regulation: ASIC (Australia), FSCA (South Africa)
Tags: Analysis
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