Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching Households warned of difficult year ahead, even as inflation slows | The Business | ABC News. and this video is uploaded by ABC News (Australia) at 2024-02-28T00:00:10-08:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [LSyBhzRxz8c]
| Name | Households warned of difficult year ahead, even as inflation slows | The Business | ABC News |
| Video Uploader | Video From ABC News (Australia) |
| Upload Date | This Video Uploaded At 28-02-2024 08:00:10 |
| Video Discription | Economists say Australia is in for a challenging year as we live through the bottom of an economic cycle. Annual inflation for January came in lower than expected at 3.4 per cent, as price pressures moderate. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-02-28/consumer-price-indicator-january-2024/103521162 That is the equal lowest pace of annual inflation recorded in the monthly Consumer Price Index indicator since November 2021. GDP data released in March will be key to see how much the economy slowed through 2023, with a risk it could have contracted in the December quarter. That will add pressure on the Reserve Bank to consider interest rate cuts earlier than expected. ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia [LSyBhzRxz8c] |
| Category | News & Politics |
| Tags | Australia | abc | abc news | news | inflation | finance report | rba | reserve bank | michele bullock | interest rates | rates | cash rate | rate hikes | rate cuts | rachel pupazzoni | recession | gdp | cpi | abs | australia news | economic news | economy | business | business news | finance | finance news |
