Australian November month-to-month inflation is anticipated to leap from October

I popped up a submit earlier that accommodates an in depth description of the distinction between the month-to-month and quarterly inflation, and in addition why the quarterly is most popular.

The submit additionally had a fast rundown on latest inflation knowledge and implications for the Reserve Financial institution of Australia. ICYMI:

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

Commonwealth Financial institution of Australia have an excellent preview posted, In short:

This unwind will happen via to July 2025, as presently legislated.

• We anticipate headline inflation rose to 2.6%/yr in November, a ½ppt rise from the tempo in October.
• The annual trimmed imply measure of core inflation is anticipated to have ticked down a contact to three. four %/yr from three.5%/yr .
• This configuration of a stable elevate in headline CPI however a barely decrease core inflation determine predominantly displays the inflationary influence of the gradual unwind of the electrical energy rebates . This unwind will happen via to July 2025 , as presently legislated.

• Influence: Markets could knee – jerk react to the next headline print , notably after the newest jobs report

CBA are nicely above the consensus forecast:

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



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