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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Data Availability
25 Mar 2024
Chart Pack
Data availability for graphs included in the Bank's monthly ‘Chart Pack’
https://www.rba.gov.au/chart-pack/data-availability.html
Inflation and the Cost of Living
20 Mar 2014
Bulletin
– March 2014
This article looks at increases in the cost of living for Australian households over the past decade. Inflation as measured by changes in the consumer price index (CPI) overstates ‘true’ increases in the cost of living due to a number of
https://www.rba.gov.au/publications/bulletin/2014/mar/4.html
Monetary Policy and Inflation Targeting
10 Oct 1997
Bulletin
– October 1997
The adoption of inflation targets has played an important role in anchoring inflation expectations. ... Unlike in some other countries, the Australian inflation target was implemented only after inflation had been reduced.
https://www.rba.gov.au/publications/bulletin/1997/oct/3.html
Semi-Annual Statement on Monetary Policy
10 Nov 1997
Bulletin
– November 1997
Inflation had begun to decline to rates much more consistent with the Bank's medium-term inflation target, having been slightly above target for a year or so previously. ... While current rates of growth of wages and salaries are still consistent with
https://www.rba.gov.au/publications/bulletin/1997/nov/2.html
2024
18 Jan 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2024/
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
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
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
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
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