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 Aug 2023
SMP
– August 2023
Inflation | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/inflation.html
Statement on Monetary Policy
30 Jul 2003
SMP
PDF
42KB
Graph D1Although Australia’s inflation target isexpressed in terms of the Consumer PriceIndex (CPI), it can be useful when assessinginflationary trends to focus on underlyingmeasures which abstract from short-runvolatility. ... ConclusionAlthough the
https://www.rba.gov.au/publications/smp/2002/may/pdf/box-d.pdf
Our Role
27 Oct 2022
RBA Annual Report
– October 2022
The flexible medium-term inflation target underpins the monetary policy framework in Australia. ... Achieving the inflation target preserves the value of money and facilitates strong and sustainable growth in the economy over the longer term.
https://www.rba.gov.au/publications/annual-reports/rba/2022/our-role.html
Reserve Bank of Australia Annual Report 2023
16 Oct 2023
RBA Annual Report
- 2023
PDF
344KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/our-role.pdf
Six Years of Inflation Targeting
23 Feb 2001
Bulletin
PDF
103KB
We have not spelt out atolerance interval, as have some of the othercountries with inflation targets. ... Appendix. Table A1: Characteristics of Inflation Targets. Country Date adopted Target Target variable.
https://www.rba.gov.au/publications/bulletin/1999/may/pdf/bu-0599-2.pdf
Reserve Bank of Australia Annual Report 2023
1 May 2024
RBA Annual Report
- 2023
PDF
9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf
Bulletin September Quarter 2023
15 Feb 2024
Bulletin
- September 2023
PDF
8611KB
https://www.rba.gov.au/publications/bulletin/2023/sep/pdf/bulletin-2023-09.pdf
The Determinants of Non-tradables Inflation
18 Sep 2014
Bulletin
– September 2014
This article examines the factors that explain inflation in prices of non-tradable items in the CPI. Non-tradable goods and services by definition have relatively little exposure to international competition. Consequently, their prices are more
https://www.rba.gov.au/publications/bulletin/2014/sep/4.html
Measures of Underlying Inflation
10 Mar 2010
Bulletin
– March 2010
In Australia the inflation target is expressed in terms of the average rate of increase in the consumer price index (CPI). ... Movements in oil prices also often have a significant effect on CPI inflation.
https://www.rba.gov.au/publications/bulletin/2010/mar/2.html
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