Commonwealth Bank of Australia forecast for today's Q3 Australian inflation report.

  • the data is due at 0030 GMT (2030 US Eastern time)

In brief:

  • We forecast headline CPI rose by 0.9% in Q3 23 ( 5.1%/yr)
  • Trimmed mean CPI is expected to have increased by 1.0%/qtr (4.9%/yr)
  • These numbers are broadly similar to the RBA’s implied profile in the August Statement on Monetary Policy.
  • We view the risks to our inflation forecast as skewed to the upside.
  • An outcome in line with our forecast is consistent with monetary policy on hold in November.


Economic calendar in Asia for Wednesday, 25 October 2023