CPI: RBA to assess new inflation figures following the conclusion of electricity rebates

Upcoming Inflation Data to Shed Light on Future Interest Rate Moves

This week’s release of January inflation statistics is set to clarify whether the Reserve Bank’s recent decision to raise the cash rate was an isolated event or the beginning of a series of increases. On Wednesday, the latest inflation numbers will be published—the first since the Reserve Bank lifted interest rates to 3.85% in early February.

According to economists at the Commonwealth Bank, the headline inflation rate is anticipated to ease slightly to 3.7% in the upcoming report. Meanwhile, the trimmed mean inflation—which excludes the most volatile price changes—is projected to hold steady at 3.3%. Both indicators remain closely watched by policymakers and analysts.