Subscribe To
Rising Australian inflation, "its not safe to conclude that the RBA rate cycle has peaked"
The data released earlier is here:Australian August monthly inflation data 5.2% y/y (vs. 5.2% expected)that 5.2% headline is up from 4.9% in Julythe trimmed mean measure is sticky, unchanged from July at 5.6%the CPI excluding volatiles (see that link above for more on what these are) came in at 5.5% from July's 5.8%ING's response (in brief):Australia: Inflation back on the rise While this is mostly down to less helpful base effects, international energy prices and excise duty hikes, it is not sa...
Read More
Posted: Sep 27 2023, 03:34
Author Name: forexlive
Views: 092151
