Australian November CPI 2.three% y/y (vs. anticipated 2.2%)

November CPI 2.three% y/y

vs. anticipated 2.2% and prior 2.1%

Trimmed imply (a measure of core inflation) three.2% y/y

• vs. prior three.5%

That decrease trimmed imply, a information to underlying (core) inflation is encouraging. AUD/USD dips slightly on the discharge.

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As background prime this I posted on why the month-to-month CPI just isn’t as nicely considered the quarterly CPI:

• Financial calendar in Asia Wednesday, January eight, 2025 – Australian inflation knowledge

The following quarterly studying is due on January 29 (11.30 am Sydney time).

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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