Inflation dips in August as RBA decision looms

Summary

Inflation fell 0.1 percent in August after rising 0.3 percent in July, with sliding prices of fruit and vegetables more than offsetting price rises for private motoring, furniture and furnishings, and household services.

Tags: Australian inflation, fruit and vegetable prices, Inflation, Inflation falls, interest rates decision, Rba, Reserve Bank of Australia, TD Securities – Melbourne Institute Monthly Inflation Gauge