While the latest CPI data makes a May cash rate cut a near certainty, should Aussies still expect four further cuts from the RBA this year?
cpi
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The consumer price index (CPI) rose 0.2% in the December quarter and 2.4% annually, the Australian Bureau of Statistics (ABS) has revealed.
The latest monthly Consumer Price Index indicator is on par with that recorded by the ABS last month, meaning that annual headline inflation has continued to rise at its lowest rate since July 2021.
