January to March inflation data from the Australian Bureau of Statistics

Headline: 0.3% q/q

  • expected 0.2% q/q, prior 0.7%
  • For the y/y 2.2% vs. expected 1.9%, prior 1.8%

Core inflation:

Trimmed mean

  • 0.5% q/q vs. expected 0.3% q/q, prior 0.4%
  • 1.8% y/y vs. expected 1.6% y/y, prior 1.6%

Weighted median

  • 0.5% q/q vs. expected 0.4% q/q, prior 0.4%
  • 1.7% y/y vs. expected 1.5% y/y, prior was 1.3%

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Background to this: