Australia’s Consumer Inflation Eases in November, Reducing Pressure on RBA

Australia’s annual consumer inflation slowed in November 2025, easing to **3.4% from October’s 3.8%**, according to the latest data from the Australian Bureau of Statistics (ABS). The **headline Consumer Price Index (CPI) rose 3.4% year‑on‑year**, slightly cooler than market expectations and down from the prior month’s figure, offering some relief amid persistent price pressures. The trimmed mean inflation rate, a key measure closely watched by the Reserve Bank of Australia (RBA) to assess underlying inflation trends, also dipped modestly to 3.2% from 3.3%. This suggests that core price pressures may be beginning to soften, although both headline and core inflation remain above the RBA’s target range of 2–3%. The slowdown was driven in part by a moderation in electricity price increases and slower gains in some services. However, housing, food, and transport costs continued to rise, keeping overall inflation elevated. Economists say the cooler inflation figures could reduce the immediate pressure on the RBA to raise interest rates, but rate cuts remain unlikely until inflation returns firmly within target. The central bank’s next policy meeting is scheduled for early February 2026. #AustraliaInflation #CPI #ReserveBank #Economy #SlimScan #GrowthStocks #CANSLIM