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Australian Q2 Headline CPI 0.8% q/q (vs. 1.0% expected)
Inflation data from Australia for the April - June quarter of 2023, along with June month CPI also:The 'trimmed mean' is the preferred measure of underlying, or core, inflation.There is another core measure, the weighted median: 1.0% q/q vs. expected 1.1% and prior 1.2%5.5% y/y vs. expected 5.4%, prior 5.8%Note that the 'prior' for monthly inflation was revised lower, to 5.5%.Looking at inflation over the last six months, its 2.6% annualised. That is a positive result the RBA will like. Their ta...
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Posted: Jul 26 2023, 01:30
Author Name: forexlive
Views: 110835
