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Preview of Australian Q3 CPI data due today - risks skewed to the upside

Preview of Australian Q3 CPI data due today -  risks skewed to the upside
Commonwealth Bank of Australia forecast for today's Q3 Australian inflation report.the data is due at 0030 GMT (2030 US Eastern time)In brief:We forecast headline CPI rose by 0.9% in Q3 23 ( 5.1%/yr)Trimmed mean CPI is expected to have increased by 1.0%/qtr (4.9%/yr)These numbers are broadly similar to the RBA’s implied profile in the August Statement on Monetary Policy.We view the risks to our inflation forecast as skewed to the upside. An outcome in line with our forecast is consistent wit... Read More
Posted: Oct 24 2023, 20:52
Author Name: forexlive
Views: 112562

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