The Latest Inflation News Says We Still Have A Problem!

Digital Finance Analytics (DFA) Blog

Aug 29 2024 | 00:08:45

00:00 / 00:08:45

Show Notes

The RBA has said that the battle to control inflation is not yet over, and the latest data from the ABS, the monthly CPI report for July came out today and confirms that inflation does remain a problem. The monthly Consumer Price Index (CPI) indicator rose 3.5 per cent in the 12 months to July 2024, down from 3.8 per cent in June. The annual trimmed mean movement was 3.8% in July, down from 4.1% in June. But still well above the target range. The monthly indicator is not as reliable. It covers only about 60 to 70 per cent […]

Other Episodes

Episode

May 31, 2024 • 00:09:58

No Homes For You: The Structural Desolation Of Dwelling Approval Falls!

Yesterday the ABS released the latest data on dwellings approved and they fell 0.3 per cent in April, after a 2.7 per cent rise...

Episode

November 17, 2024 • 00:56:01

Has The Bad MAD Misinformation Bill Hit The Buffers?

This is an update on the Misinformation and Disinformation Bill currently in progress in the Australian parliament. It looks like the Senate will not...

Episode

May 16, 2024 • 00:09:04

The Employment Numberwang Confuses The Markets Upwards!

Fickle investors are no longer pricing the possibility of another cash rate rise from the RBA after data released overnight showed US inflation cooled...