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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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Underlying Consumer Price Inflation in China

7 Dec 2017 Bulletin – December 2017
Iris Day
Underlying inflation measures seek to look through the volatility often inherent in headline inflation, and can be useful for assessing inflationary pressures in a given economy. This article describes new trimmed mean measures of underlying
https://www.rba.gov.au/publications/bulletin/2017/dec/4.html

Statement on Monetary Policy

10 May 2002 Bulletin – May 2002
The inflation outcome in the March quarter was broadly in line with the outlook presented in previous Statements, and showed that inflation remained close to the top of the target range. ... Over the course of 2003, inflation is expected to rise back
https://www.rba.gov.au/publications/bulletin/2002/may/1.html

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

What Do Firms Tell Us About the Inflation Outlook?

29 Jan 2024 Bulletin - January 2024 PDF 770KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/what-do-firms-tell-us-about-the-inflation-outlook.pdf

Appendix A: Derivation of the Mark-up Model of Inflation

31 Dec 2010 RDP 2010-03
David Norman and Anthony Richards
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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Statement on Monetary Policy

10 Aug 2005 Bulletin – August 2005
Statement on Monetary Policy-August 2005
https://www.rba.gov.au/publications/bulletin/2005/aug/1.html

Inflation Regimes and Inflation Expectations

1 Dec 2009 RDP PDF 173KB
Expected inflation in subsequent periods isa weighted average of the current inflation target and the expected value of futureinflation targets, as shown by Equations (4) and (5). ... To continue with the flavour of past examples, we choose pastinflation
https://www.rba.gov.au/publications/rdp/1997/pdf/rdp9701.pdf

Measures of Inflation in India

18 Sep 2014 Bulletin – September 2014
Graham White
India has experienced persistently high inflation in recent years, despite a period of below-trend economic growth. As a result, controlling inflation has become a key objective for policymakers. The two main indicators of inflation in India are the
https://www.rba.gov.au/publications/bulletin/2014/sep/5.html

Theory

31 Dec 1999 RDP 1999-08
Guy Debelle
where π is inflation, π. is the inflation target, y is output, y. ... Flexible inflation targeting refers to the case where λ>0. In practice, it appears that all the inflation-targeting central banks have adopted flexible inflation targets to varying
https://www.rba.gov.au/publications/rdp/1999/1999-08/theory.html
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Statement on Monetary Policy

10 Nov 2001 Bulletin – November 2001
notwithstanding the possibility that above-target inflation might be observed temporarily in the near term. ... However, inflation remains around the Bank of England's inflation target of 2 percent.
https://www.rba.gov.au/publications/bulletin/2001/nov/1.html