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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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Statement by Philip Lowe, Governor: Monetary Policy Decision

2 Mar 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-03.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Apr 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-04.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 Feb 2020 Media Releases
At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent.
https://www.rba.gov.au/media-releases/2020/mr-20-01.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Aug 2021 Media Releases
In underlying terms, inflation is expected to be 1 per cent over 2022 and 2 per cent over 2023. ... The Board will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range.
https://www.rba.gov.au/media-releases/2021/mr-21-14.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Jun 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including: the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond; the parameters of the government bond purchase
https://www.rba.gov.au/media-releases/2021/mr-21-09.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

5 Apr 2022 Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-11.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Mar 2020 Media Releases
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent.
https://www.rba.gov.au/media-releases/2020/mr-20-06.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Nov 2022 Media Releases
As is the case in most countries, inflation in Australia is too high. ... Returning inflation to target requires a more sustainable balance between demand and supply.
https://www.rba.gov.au/media-releases/2022/mr-22-36.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Dec 2019 Media Releases
At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-33.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Jul 2021 Media Releases
The Board is committed to achieving the goals of full employment and inflation consistent with the target. ... Despite the strong recovery in jobs and reports of labour shortages, inflation and wage outcomes remain subdued.
https://www.rba.gov.au/media-releases/2021/mr-21-13.html