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RBA Glossary definition for inflation

inflation – A measure of the change (increase) in the general level of prices.

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Functions and Objectives of the Reserve Bank

10 Sep 2012 RBA Annual Report – 2012
the economic prosperity and welfare of the people of Australia. For almost 20 years now, this general mandate has found concrete expression in the form of a medium-term inflation target. ... Monetary policy aims to keep the rate of consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2012/functions.html

1.3 Reserve Bank Board

19 Oct 2023 RBA Annual Report – October 2023
Reserve Bank Board | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/reserve-bank-board.html

Our Charter, Core Functions and Values

16 Oct 2015 RBA Annual Report – 2015
the economic prosperity and welfare of the people of Australia. Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the ... The policy objective is to keep consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2015/our-charter-core-functions-and-values.html

Reserve Bank of Australia Annual Report – 2012

10 Sep 2012 Annual Report
For almost 20 years, this general mandate has found concrete expression in the form of a medium-term inflation target of 2–3 per cent, on average, over the business cycle. ... Bulletin. , which in 2011/12 covered a range of topics, including the terms
https://www.rba.gov.au/publications/annual-reports/rba/2012/

The Year in Brief

2 Aug 2023 RBA Annual Report – 1975
became a cause for concern, especially as the rate of inflation showed little sign of easing. ... In the opening months of the new financial year the economy remained racked with rapid inflation, high unemployment and low business investment.
https://www.rba.gov.au/publications/annual-reports/rba/1975/year-in-brief.html

Governor's Foreword

20 Sep 2018 RBA Annual Report – 2018
Inflation rates remain low, but have generally moved closer to central bank targets. ... Economic growth has gradually picked up and inflation is moving closer to the Reserve Bank's target.
https://www.rba.gov.au/publications/annual-reports/rba/2018/governors-foreword.html

Functions and Objectives

12 Sep 2014 RBA Annual Report – 2014
the economic prosperity and welfare of the people of Australia. Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the ... The policy objective is to keep consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2014/functions.html

The Year in Brief

26 Jun 2023 RBA Annual Report – 1976
inflation, but which would provide means for sustainable recovery from the recession of 1974. ... For the community to countenance the persistence of inflation would be to hinder the growth of economic activity and prejudice national living standards.
https://www.rba.gov.au/publications/annual-reports/rba/1976/year-in-brief.html

The Year in Review

9 Mar 2023 RBA Annual Report – 1988
Employment continued to grow and unemployment fell. Inflation slowed, though not to the extent projected a year earlier. ... Also, in the second half of the year, earnings and prices appeared to be growing uncomfortably quickly, threatening the downward
https://www.rba.gov.au/publications/annual-reports/rba/1988/year-review.html

Economic Developments

9 Mar 2023 RBA Annual Report – 1988
This, plus some concerns about inflation, led to a gradual tightening in U.S. ... Import prices increased by only about 1 per cent, largely because of the strengthening Australian dollar and low inflation abroad.
https://www.rba.gov.au/publications/annual-reports/rba/1988/eco-developments.html