Falling core inflation raises odds of RBA trimming interest rates in February

A fall in the Reserve Bank's preferred measure of consumer price rises has increased the odds of an interest rate cut in February, despite an increase in headline inflation.

Consumer prices rose 2.3 per cent over the year to November, according to monthly inflation data released by the ABS.

Read More: https://www.abc.net.au/news/2025-01-08/inflation-monthly-consumer-price-index-november-2024/104794690