Australia inflation runs hot in July, markets reprice rate hike risk

‘Literally kryptonite’: Hot data cools ASX

The Australian sharemarket has been hit with ‘literal kryptonite’ as rate hike fears push the ASX 200 to a loss.

Australian inflation up more than expected in July

Australian consumer prices rose more than expected in July as fuel and travel costs jumped, data showed today, while core inflation also exceeded forecasts and added to the risk of another hike in interest rates.

Australia July inflation moderates to 3.5% but beats estimates

Australia's annual inflation rate moderated to 3.5% in July 2026 from 3.8% in June, marking its softest reading since November 2025. Despite the slowdown, the print topped market expectations of 3.3% and remained above the Reserve Bank

Higher-than-expected July 2026 inflation in Australia raises RBA rate hike risks

Facing unexpected pressure from fuel price spikes and travel costs, Australia’s consumer price dynamics have complicated the Reserve Bank of Australia’s monetary policy outlook.

Australia inflation runs hot in July, markets reprice rate hike risk

Australian consumer prices rose more ​than expected in July as fuel costs jumped, data showed on Wednesday, while core inflation also exceeded forecasts and ‌added to the risk of another hike in interest rates.

'Unfortunate kick in the guts' as inflation data increases RBA rate hike risk

Inflation is continuing to cool with the annual headline rate rising to 3.5 per cent in July, but some economists say it has increased the risk of another interest rate hike by the Reserve Bank of Australia this year.