Data released today by the Australian Bureau of Statistics shows that headline inflation has hit 5.1% over the past 12 months, confirming Australians’ concerns over the cost of living and raising the likelihood of a interest rate hike ahead of the election. On a quarterly basis, the Consumer Price Index (CPI) rose 2.1%. ABS price […]
With inflationary pressures steadily building and retail price inflation hitting a 17-month high in March, analysts now expect the Reserve Bank of India (RBI) to start raising repo rates in June, earlier than expected a few weeks ago. At its April 8 meeting, the RBI prioritized containing inflation over supporting growth, even keeping the repo […]