Australian CPI data from the ABS is only out once a quarter, si it's a bit of a big deal!
The 'headline' result is the q/q CPI for Q2:
- expected is +0.4%,
- prior was +0.5%
For the y/y, expected is 2.2%, prior 2.1%
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For the 'trimmed mean' (which is the measure the RBA pays most heed to): it is the 'core' inflation figure where the RBA target band is 2 -3%.
For the q/q:
expected 0.5%,
prior 0.5%
For the y/y:
expected is 1.8%, prior 1.9% ... as you can see the expected and the most recent are both below the target band. Not by much, but still.
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Finally, there is the 'weighted median' CPI:
For q/q: expected is 0.5%, prior was 0.4%
For y/y: expected is 1.7%, prior was 1.7% ... and ditto for below the target band
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