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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
AUSTRALIA DATA
The GDP implicit price deflator (IPD) rose 1.9%, which was stronger than Q4’s 1.6%, but the annual rate eased to 6.8% from 9.1%, the lowest since Q4 2021 but still high. This is another indicator showing the peak in inflation peaked was Q4 last year. The domestic demand IPD rose 1.0% q/q and 6.1% y/y down from 1.4% and 6.6%, despite solid domestic demand growth. Household consumption inflation rose 1.1% q/q to be 6.6% y/y, while slightly lower than Q4 is still elevated.
Australia domestic demand IPD %
Source: MNI - Market News/ABS
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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