RBA estimates unexpected because he expects more inflation data

The Central Bank of Australia said that the Central Bank of Australia was 3.85%, saying it takes more time to assess inflation information.

Economists surveyed by Reuters were waiting to reduce 25 main points to 3.6%.

In itself statement On Tuesday, the Australian Reserve Bank, “It was waiting for a little more information to confirm that inflation will reach 2.5 percent on a sustainable basis.”

“Last monthly CPI indicator information is likely to be in the forecast of June, the margin, which is stronger than expected, it is likely that it is stronger than expected,” he said.

Australia’s inflation has come 2.1% of expectations in MayThe lowest since October 2024. Inflation in the first quarter was 2.4%stay below four years.

Australian Treasure after the decision Jim Chalmers said in x The action of the rbA “” The result was not the result of what millions of Australians, market or economists expected or what they expected. ”

He added that the country did “important and sustainable progress in inflation.”

After the information broadcast, the S & P / ASX 200 index intensified 0.24%, and the Australian dollar 0.79%.

As Australia is currently reducing public spending and the consumer demand and exports are growing, it is struggling.

The country has been recorded by 1.3% The number of missing in the first quarter of the year is 1.5% expectations.