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AUSTRALIA DATA: Underlying CPI Stronger In October

AUSTRALIA DATA

October CPI printed at 2.1%, lower than expected but in line with September. However, the trimmed mean, which is the focus of the RBA currently, increased to 3.5% from 3.2%. The first month of the quarter has limited updates for services components. More details to follow.

  • See ABS press release here.
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October CPI printed at 2.1%, lower than expected but in line with September. However, the trimmed mean, which is the focus of the RBA currently, increased to 3.5% from 3.2%. The first month of the quarter has limited updates for services components. More details to follow.

  • See ABS press release here.