Like just about everywhere else New Zealand and Australia are in the midst of cost of living increases and central bank rate hiking cycles.
Today we get the latest inflation updates from both.
I posted previews of the Australian data here:
Adam had this one:
Expected for the Australian data:
expected 1.6% q/q, prior 1.8%
For the y/y,
expected 7.5%, prior 7.3%
Core inflation: Trimmed mean
expected 1.5% q/q, prior 1.8%
expected 6.5% y/y, prior 6.1%
Core inflation: Weighted median
expected 1.4% q/q, prior 1.4%
expected 5.5% y/y, prior was 5.0%
I wrote these out as the calendar seems to have a typo in the expected, use mine instead:
- This snapshot from the ForexLive economic data calendar, access it here.
- The times in the left-most column are GMT.
- The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing.
Note also China and Hong Kong are on another holiday today.
- New Zealand
are all open.