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.
Search Results
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
2 May 2023 | Minutes of the Monetary Policy Meeting of the Board
16 May 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 May 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-05-02.html
Inflation
20 Nov 2023
SMP
- November 2023
PDF
2189KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/04-inflation.pdf
4 April 2023 | Minutes of the Monetary Policy Meeting of the Board
18 Apr 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 April 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-04-04.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
Economic Outlook
5 May 2023
SMP
– May 2023
Economic Outlook | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/economic-outlook.html
Inflation
9 Aug 2019
SMP
– August 2019
However, housing-related inflation was particularly weak in the first half of 2019. ... However, they remain consistent with the Bank's medium-term inflation target. Graph 4.13.
https://www.rba.gov.au/publications/smp/2019/aug/inflation.html
Economic Outlook
10 Feb 2023
SMP
– February 2023
Headline consumer price inflation was 7.8 per cent over 2022. Inflation is forecast to decline to around the top of the 2–3 per cent target band over coming years. ... Graph 5.2. Underlying inflation is forecast to decline significantly over coming
https://www.rba.gov.au/publications/smp/2023/feb/economic-outlook.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
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