Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Poppy Johnston

Door swings shut on rate rise following inflation data

Economists say inflationary pressures are contained enough to keep interest rates on hold. (Dan Himbrechts/AAP PHOTOS)

Australian mortgage-holders and businesses appear to have dodged another interest rate hike following an inflation reading that takes pressure off the central bank.

Households are still being hit with higher prices for everything from fruit to fuel, along with crippling rents and insurance, but economists agree inflationary pressures are contained enough to keep rates on hold when the RBA meets on Tuesday.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.