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The Conversation
The Conversation
John Hawkins, Senior lecturer, Canberra School of Government, University of Canberra

Inflation eases less than expected, making another interest rate hike more likely

Inflation Reserve Bank Interest Rates Petrol
Rudi Suardi/Getty Images

Easing inflation may give mortgage holders a reprieve on further repayment increases for now – but maybe not for long.

The consumer price index (CPI) rose 3.5% in the year to July, down from 3.8% in the year to June. But that was a smaller fall than had been predicted.

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