Inflation Accelerates to 3.8 per Cent, Rate Rise Likely

Interest rate hammer blow 'locked and loaded' for millions of Aussies

Millions of homeowners are firmly at risk of being hit by an interest rate hike next week after new inflation data came in hotter than expected.The consumer price index (CPI) for December rose to 3.8 per cent for the past 12 months – up from 3.4 per cent in November and more than the roughly 3.5 per cent economists had expected, the Australian Bureau of Statistics announced this morning.The trimmed mean – the Reserve Bank's preferred measure of …

Lift in inflation puts pressure on RBA for rate rise

The end of power subsidies and high-priced air travel pushed up inflation to 3.8 per cent in December, but underlying price pressures may be easing.

Rate rise next week firms after surprise inflation jump

The Reserve Bank of Australia is under pressure to lift interest rates next week after the latest inflation figures came in above expectations.

Australia inflation meets expectations at 3.6%, reaching a six-quarter high

The inflation reading comes after Reserve Bank of Australia Deputy Governor Andrew Hauser said in an interview that inflation at current levels is "too high."

Breaking: Inflation hotter than forecast at end of 2025

Inflation rose at the end of 2025, picking up more than forecast. The Consumer Price Index rose 3.8 per cent annually in December, up from 3.4 per cent in the year to November, adding to rate hike expectations.

Inflation accelerates to 3.8 per cent, rate rise likely

Inflation is even further above the Reserve Bank of Australia’s 2-3 per cent target, accelerating to an annual pace of 3.8 per cent at the end of last year.