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Australian July inflation data due soon - an outside chance its higher than in June

The monthly CPI data is due from the Australian Bureau of Statistics at 11.30am Sydney time (0130 GMT and 2130 uste)ING preview:July CPI inflation data is forecast to decline to 5.2%YoY from 5.4% in June. But the July data will also include some chunky electricity tariff increases, so we think there is a chance the number is higher than this, with an outside chance that inflation actually rises from last month. Earlier previews and inflation-relevant posts:RBA’s own staff could be signalling lo... Read More

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Australian

July

Inflation

Data

Soon

Outside

Chance

Higher

Forex

Posted: Aug 30 2023, 00:38

Author Name: forexlive

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