How will August’s inflation rate impact the RBA’s next rates decision? | ABC NEWS
The Monthly Consumer Price Index (CPI) indicator rose 3.0 per cent in the 12 months to August 2025, according to the Australian Bureau of Statistics.
It was driven by increases in housing and food costs.
KPMG’s chief economist Brendan Rynne says the uptick is unlikely to have a major impact on the RBA’s key decisions, predicting at least one more rate cut before the end of 2025.
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