{"id":224973,"date":"2026-01-07T07:49:14","date_gmt":"2026-01-07T07:49:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/224973\/"},"modified":"2026-01-07T07:49:14","modified_gmt":"2026-01-07T07:49:14","slug":"surprise-november-fall-but-inflation-still-outside-rba-comfort-zone","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/224973\/","title":{"rendered":"Surprise November fall but inflation still outside RBA comfort zone"},"content":{"rendered":"<p>    Inflation still outside RBA target<\/p>\n<p>But following a resurgence in inflation in the second half of 2025, the first major economic snapshot of the year won&#8217;t reassure the central bank that price pressures are back under control.<\/p>\n<p>The RBA places greater emphasis on the trimmed mean, which excludes volatile items to show the underlying pulse of inflation.<\/p>\n<p>The trimmed mean fell from 3.3 per cent to 3.2 per cent after rising 0.3 per cent month to month, still above the RBA&#8217;s 2 to 3 per cent target band.<\/p>\n<p>\u201cThe undershoot on headline inflation should not be over\u2011interpreted,&#8221; Commonwealth Bank economist Harry Ottley said. &#8220;The weaker\u2011than\u2011expected outcome largely reflected volatile items and does not appear to reflect any softening of demand in the economy,\u201d he said.<\/p>\n<p> \u201cWe maintain our view that the RBA will increase the cash rate by 25 basis points to 3.85 per cent in February.\u201d<\/p>\n<p>Headline inflation was underpinned by the timing of energy rebates rolling off in Queensland, with electricity costs up 19.7 per cent in the 12 months to November.<\/p>\n<p>Australia CPI<\/p>\n","protected":false},"excerpt":{"rendered":"Inflation still outside RBA target But following a resurgence in inflation in the second half of 2025, the&hellip;\n","protected":false},"author":2,"featured_media":224974,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[39066,114,184,85,46],"class_list":["post-224973","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-aap","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/224973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=224973"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/224973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/224974"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=224973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=224973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=224973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}