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Australian CPI data due today, preview - expect another RBA rate hike next week
Australian inflation data is due today, both for Q2 and for the June month.Due at 11.30 am Sydney time0130 GMT, 9.30pm US Eastern timeI posted preview thoughts earlier here:Economic calendar in Asia: Australian CPI data will be eyed by the RBA (meeting next week)This now from National Australia Bank, in brief:We expect Q2 CPI ... to show little sequential progress reducing underlying inflation even as y/y rates move lower. While we pencil in trimmed mean inflation of 1.1% q/q and 6.0% y/y to be...
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Posted: Jul 25 2023, 23:06
Author Name: forexlive
Views: 080836