Australian Economy Australian interest rates

Aussie inflation is falling back

Monday 24 November 2025

On Wednesday this week, the ABS will finally release a full monthly CPI series that will ultimately replace the quarterly measure.

Nowcasting measures suggest inflation is already falling back from the recent energy shock.

As we know, the RBA pause has kicked the consumer in the teeth.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.