Search: inflation target
RBA Glossary definition for inflation target
inflation target – A tool to guide monetary policy expressed as a preferred range or figure for the rate of increase in prices over a period. In Australia, the inflation target is between 2 and 3 per cent per annum on average over the course of the business cycle.
RBA Glossary definition for inflation
inflation – A measure of the change (increase) in the general level of prices.
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Inflation
4 Feb 2021
SMP
– February 2021
Together, these price increases contributed 0.8 percentage points to CPI inflation in the quarter. ... Unions' inflation expectations remain relatively subdued. Consensus and market economists' long-term inflation expectations are around 2–2 per cent
https://www.rba.gov.au/publications/smp/2021/feb/inflation.html
Monetary Policy Goals for Inflation in Australia
1 Mar 1995
RDP
9503
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1995/9503.html
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China's Evolving Monetary Policy Framework in International Context
1 Dec 2019
RDP
2019-11
The precise manner in which the high-level objectives for monetary policy translate into inflation targets differs only to a degree across advanced economies. ... Unlike inflation targets in most inflation-targeting monetary policy frameworks, the
https://www.rba.gov.au/publications/rdp/2019/2019-11/full.html
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Appendix A: Derivation of the Mark-up Model of Inflation
31 Dec 2010
RDP
2010-03
is the central bank's inflation target; α is a parameter that governs the degree to which prices are set with reference to an inflation target (α = 0) or to past ... inflation (α = 1); and ϕ 0 governs the magnitude of price-adjustment costs.
https://www.rba.gov.au/publications/rdp/2010/2010-03/appendix-a.html
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Inflation
8 May 2020
SMP
– May 2020
Table 5.1: Measures of Consumer Price Inflation. Per cent. Quarterly. (a). Year-ended. (b). ... Long-term survey-based measures of inflation expectations are little changed around 2-2 per cent and remain consistent with the Bank's medium-term
https://www.rba.gov.au/publications/smp/2020/may/inflation.html
Inflation
10 Aug 2018
SMP
– August 2018
Ongoing competition in the retail sector has also continued to put downward pressure on inflation. ... Graph 4.14. Inflation expectations are generally consistent with the inflation target.
https://www.rba.gov.au/publications/smp/2018/aug/inflation.html
Inflation
5 Nov 2020
SMP
– November 2020
Recent inflation outcomes have been unusually volatile as a result of the pandemic. ... Long-term survey-based measures of inflation expectations are around 2–2 per cent and remain consistent with the Bank's medium-term inflation target.
https://www.rba.gov.au/publications/smp/2020/nov/inflation.html
Inflation
8 Nov 2019
SMP
– November 2019
Table 4.1: Measures of Consumer Price Inflation. Per cent. Quarterly. (a). Year-ended. (b). ... Long-term survey-based measures remain consistent with the Bank's medium-term inflation target.
https://www.rba.gov.au/publications/smp/2019/nov/inflation.html
Inflation
6 Feb 2020
SMP
– February 2020
Gas price inflation remains low, while water & sewerage price inflation has risen slightly. ... Long-term survey-based measures of inflation expectations are between 2-2 per cent and remain consistent with the Bank's medium-term inflation target.
https://www.rba.gov.au/publications/smp/2020/feb/inflation.html
Inflation
7 Aug 2020
SMP
– August 2020
Unions expect inflation to remain well below 2 per cent in June 2021. ... Long-term survey-based measures of inflation expectations are little changed at around 2–2 per cent and remain consistent with the Bank's medium-term inflation target (Graph 5
https://www.rba.gov.au/publications/smp/2020/aug/inflation.html