Open accessibility guideSkip to sections navigationSkip to contentSkip to footerThe Sydney Morning Herald logoThe Sydney Morning Herald logoAdvertisementNationalAustralia's inflation rate has eased more than expected, reducing the chance of an interest rate hike in August.Updated July 29, 2026 — 4:13pm,first published 4:09pmLoadingLatest in VideosVideo icon0:29Deputy premier booted from question timeVideo icon0:39Building Commissioner David Chandler addressing workersVideo icon1:57Jordan Kenyon driving recklesslyVideo icon3:09Tell 'em they're not dreamin'AdvertisementThe Sydney Morning Herald logoTwitterFacebookInstagramRSSOur SitesThe Sydney Morning HeraldThe AgeBrisbane TimesWAtodayThe Australian Financial Reviewnine.com.auDriveClassifiedsTributesPlace your adThe Sydney Morning HeraldContact & supportAdvertise with usNewslettersAccessibility guideSitemapPhoto salesPurchase front pagesContent licensingWork with usTerms of usePrivacy policyPress CouncilCharter of Editorial IndependenceAI Editorial GuidelinesProducts & ServicesSubscription packagesMy accountSubscriber FAQsDelivery statusToday’s PaperGood Food GuideDaily PuzzlesCopyright © 2026Subscribe
Interest rate hike less likely after inflation ease
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