Australia Q3 CPI y/y 1.9% vs 1.9% expected.

by | October 31st, 2018, 00:34:40 | Australia, Economic Data

Australia Q3 2018 GDP report on 31.10.2018.

  • Prior CPI 2.1%
  • CPI QoQ 0.4% vs 0.4% exp, prior 0.4%
  • Trimmed mean CPI y/y 1.8% vs 1.9% exp, prior 1.9, revised 1.8%.
  • Trimmed mean CPI QoQ 0.4% vs 0.4% exp, prior 0.5%, revised to 0.4%.
  • Weighted mean CPI y/y 1.7% vs 1.9% exp, prior 1.9%, revised to 1.7%
  • Weighted mean CPI QoQ 0.3% vs 0.4% exp, prior 0.5%, revised to 0.4%

The core comes in with a small miss, revisions as well, well below RBA’s target zone of 2-3%. AUDUSD loses about 10 pips (only), had been bid the whole previous session. Maybe we get some delayed effect here as due to the draught, we could have expected prices to push higher.

K-man
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