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Scary inflation figure leaps out of RBA's target range

Borrowers have every reason to feel frightened this Halloween, with the latest ghoulish inflation figure likely to scare the RBA away from a rate cut next week.

Halloween pumpkins glow in the dark
In Halloween terms, borrowers might be receiving the trick, in the form of a missed rate cut, while housing affordability could receive the treat. (Image source: Bogdan Sonjachnyj/API Magazine/Shutterstock.com)

Like it or not Halloween is upon us, and the inflation bogeyman is poking his head out to scare borrowers.

The highest quarterly Consumer Price Index (CPI) rise since March 2023 will likely be high enough to spook the Reserve Bank of Australia (RBA).

Annual inflation to the September 2025 quarter was 3.2 per cent, up from 2.1 per cent to the June 2025 quarter. 

The trimmed mean measure of inflation, which is more closely followed by the centra…

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