Bearish
ASX 200 falls 0.4% to 9,127.8 amid high inflation concerns
The ASX 200 declined by 0.4% to 9,127.8 on August 26, 2026, following the release of higher-than-expected inflation data for July. This has intensified expectations of a potential interest rate hike by the Reserve Bank of Australia (RBA) in September, leading to market apprehension.
Key points
- Higher-than-expected July inflation data raises RBA rate hike expectations.
- Woolworths reports an 18% profit surge to $1.1 billion.
- Technology sector declines, led by a 10% drop in WiseTech Global shares.
- Gold prices rise, benefiting gold mining stocks.
Sources
- ‘Literally kryptonite’: Hot data cools ASXYahoo Finance · August 26, 2026
- ASX loses ground despite bumper Woolworths profit — as it happenedABC News · August 26, 2026
- Evening Wrap: ASX 200 slumps on CPI shocker – economists flag September RBA rate hikeMarket Index · August 26, 2026
- Wednesday 26th August – ASX 200 down 37 – Gold shines – Banks drift – Results in focusBeeks Downunder · August 26, 2026
AI-generated from public news sources. Not financial advice.
