AU Trimmed Mean CPI q/q
Consumer prices account for a majority of overall inflation. Inflation is important because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
Data represents the underlying inflation trend through component weighting and anomaly exclusion;
- AU Trimmed Mean CPI q/q Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Apr 23, 2024 | 1.0% | 0.8% | 0.8% |
Jan 30, 2024 | 0.8% | 0.9% | 1.2% |
Oct 24, 2023 | 1.2% | 1.0% | 1.0% |
Jul 25, 2023 | 0.9% | 1.1% | 1.2% |
Apr 25, 2023 | 1.2% | 1.4% | 1.7% |
Jan 24, 2023 | 1.7% | 1.5% | 1.9% |
Oct 25, 2022 | 1.8% | 1.5% | 1.6% |
Jul 26, 2022 | 1.5% | 1.5% | 1.5% |
-
- AU Trimmed Mean CPI q/q News
- From youtube.com/markets|Jun 11, 2024
Australian Treasurer Jim Chalmers says his country is on track for a soft landing as a result of "moderating inflation and a resilient labor market." He also says that the relationship with China can be "complex to manage" but there are "good economic dividends" from engaging with Beijing. Chalmers speaks to Haidi Stroud-Watts on the sidelines of the Morgan Stanley Australia Summit in Sydney.
- From theconversation.com|Apr 24, 2024
Australia’s inflation rate has fallen for the fifth successive quarter, and it’s now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in the March quarter figures released on Wednesday, leaving it within spitting distance of the Reserve Bank’s 2–3% target. chart But it’s too early for mortgage holders to celebrate. On Wednesday Westpac noted the pace of improvement was slowing and pushed out its forecast of when the Reserve Bank would begin cutting ...
- From abs.gov.au|Apr 23, 2024|4 comments
The Consumer Price Index (CPI) rose 1.0% this quarter. • Over the twelve months to the March 2024 quarter, the CPI rose 3.6%. • The most significant price rises this quarter were Rents (+2.1%), Secondary education (+6.1%), Tertiary education (+6.5%) and Medical and hospital services (+2.3%). Main features: All groups CPI, Australia, quarterly and annual movement (%). chart Weighted average of eight capital cities table Annual CPI inflation continues to ease in the March quarter: Annual CPI inflation was 3.6 per cent in the March ...
- From cnbc.com|Apr 23, 2024
Asia-Pacific markets extend gains as Wall Street continued to rally for a second straight day and investors look toward first-quarter inflation figures from Australia. Australia’s consumer price index is expected to rise 3.5%, marking its fifth straight quarter of slowing inflation, according to economists polled by Reuters. The S&P/ASX 200 was rose 0.21% ahead of the CPI reading. Japan’s Nikkei 225 popped 1.27%, while the broad based Topix was up 0.71%. South Korea’s Kospi climbed 1.85%, powered by a 3% gain in heavyweight Samsung ...
- From marketindex.com.au|Jan 30, 2024
The good news for the Reserve Bank of Australia is that it will go into its first policy meeting for 2024 in a better place on inflation than even its own economists were expecting. The bad news is that the hard work is still not done - and if you believe the adage about tempering high inflation, there is more hard work yet to go. Australian inflation, at the headline level, has a 4-handle for the first time since the end of 2021. While it's not a figure in the RBA's cherished 2-3% threshold, a 3.4% inflation print for December is a ...
- From abs.gov.au|Jan 30, 2024|6 comments
Key statistics: The Consumer Price Index (CPI) rose 0.6% this quarter. Over the twelve months to the December 2023 quarter, the CPI rose 4.1%. The most significant price rises this quarter were Tobacco (+7.0%), New dwelling purchase by owner-occupiers (+1.5%), Domestic holiday travel and accommodation (+3.9%) and Medical and hospital services (+1.2%). tables Annual CPI inflation was 4.1 per cent in the December 2023 quarter, lower than the 5.4 per cent annual rise in the September 2023 quarter. This marks the fourth consecutive ...
- From abs.gov.au|Oct 24, 2023|1 comment
Key statistics: • The Consumer Price Index (CPI) rose 1.2% this quarter. • The most significant price rises were Automotive fuel (+7.2%), Rents (+2.2%), New dwelling purchase by owner-occupiers (+1.3%) and Electricity (+4.2%). • Over the twelve months to the September 2023 quarter, the CPI rose 5.4%. What's new this quarter Monthly inflation data can be found in the Monthly CPI Indicator. Partial update to the CPI weights The CPI weights are typically updated each year in the December quarter. This is to ensure the weights used in ...
- From bnnbloomberg.ca|Oct 24, 2023
Australia’s central bank “will not hesitate” to raise interest rates further if there’s a material upgrade to its inflation outlook, new Governor Michele Bullock said, in her strongest reference yet to the threat of renewed price pressures. “Our focus remains on bringing inflation back to target within a reasonable timeframe, while keeping employment growing,” Bullock said in a speech Tuesday. The RBA board meets on Nov. 7 to decide policy, with money markets seeing just under a 40% chance of a hike to take the cash rate to 4.35%. ...
Released on Apr 23, 2024 |
---|
Released on Jan 30, 2024 |
---|
Released on Oct 24, 2023 |
---|
- Details