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The 2024 Australian federal budget was delivered on budget night at 7:30pm on Tuesday, 14 May 2024 by Treasurer Jim Chalmers. [2] The budget will dictate how the Australian Government will allocate an estimated A$715 billion across the federal government, and to state and territory governments. [ 1 ]
The Chained Consumer Price Index C-CPI-U, a chained index, has been introduced. The C-CPI-U tries to mitigate the substitution bias that is encountered in CPI-W and CPI-U by employing a Tornqvist formula and utilizing expenditure data in adjacent time periods in order to reflect the effect of any substitution that consumers make across item ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), central bank leaders see core inflation hitting 2.5% in 2025 — higher than September's projection of ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
Consumer inflation rose more than expected in March, boosted by gas, rents, auto insurance and other items, the government said Wednesday. More expensive car repairs and an increase in disaster ...
The Consumer Price Index (CPI) increased 2.4% over the prior year in September, a slight deceleration compared to August's 2.5% annual gain in prices. The yearly increase, which was the lowest ...
3 March - The RBA reduced the cash rate to 0.5% (from 0.75%) 19 March - The RBA introduces 4 core changes to support the economy as the COVID-19 pandemic shuts borders and businesses Reduction in the cash rate to 0.25% (down from 0.5%) Targeting the yield of the 3 year bond at 0.25%, through the commencement of bond buying
From 538’s 2024 presidential election forecast. The year 2024 was one for the history books, and 538's visual journalists and reporters were hard at work explaining the data behind the news with ...