In Q2, Australia’s CPI rose by 1.0% qoq, matching both expectations and the pace set in Q1. Annual rate increased from 3.6% to 3.8% , also in line with forecasts. More notably, the core inflation measure marked its sixth consecutive quarter of cooling. Trimmed mean CPI, which is a key indicator of underlying inflation, rose […]
The post Australia’s trimmed mean CPI drops to 3.9%, continuing six-quarter downtrend appeared first on Action Forex.
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