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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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Our Role

20 Sep 2018 RBA Annual Report – 2018
the economic prosperity and welfare of the people of Australia. Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the ... The policy objective is for consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2018/our-role.html

Bulletin August 2001 – Statement on Monetary Policy

10 Aug 2001 Bulletin
As always, the Bank is prepared to adjust monetary policy as required, in pursuit of sustainable growth consistent with the inflation target. ... its inflation target band (Table 1).
https://www.rba.gov.au/publications/bulletin/2001/aug/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

The Future of Inflation Targeting

10 Nov 2004 Bulletin – November 2004
In other words, what matters more is the existence of an inflation target. ... Without an instrument to ensure the target is attained, any announcement of an inflation target would therefore lack credibility.
https://www.rba.gov.au/publications/bulletin/2004/nov/3.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

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

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

Our Role

25 Sep 2017 RBA Annual Report – 2017
the economic prosperity and welfare of the people of Australia. Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the ... The policy objective is for consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2017/our-role.html

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