Australia's Inflation Slows in November, but Core Sticky

Australia’s annual inflation slows to 3.4% in November, hitting multi-month low

Australia's inflation slows in November, but core sticky

Australian consumer prices rose by less than forecast in November, data showed on Wednesday, but core inflation showed enough stickiness that investors still saw a risk interest rates would have to be hiked as early as next month.

Inflation drops to 3.4 per cent, easing rate hike fears

Price rises eased in the 12 months to November, taking some of the pressure off the Reserve Bank, which last year signalled interest rates may need to rise.

Inflation dips but remains over RBA target

Inflation has slowed in November and the result may be enough to keep “the rate hike wolves at bay for now”.

'Very pleasant surprise': inflation cools but remains above RBA target

Inflation cooled in November, with the consumer price index rising 3.4 per cent over the year, down from 3.8 per cent a month earlier. Some economists continue to forecast a February rate hike, however.

Food, beverages, and alcohol leading contributors to inflation

The first consumer price index report of 2026, published by the Australian Bureau of Statistics (ABS), has detailed the key consumer items contributing to the country’s inflation rate of 3.4 per cent. From October to November 2025, when nationwide inflation fell by 0.4 per cent, the prices of food and non-alcoholic beverages rose by 0.4 per cent, second only to housing. This contributed to a 12-month price rise of 3.3 per cent for such goods. Th…