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Australia CPI Rises to 4.3% as Underlying Inflation Exceeds Forecasts
Australia’s annual CPI inflation accelerated from 4.0% to 4.3% in September, exceeding market expectations of 4.2%, while monthly prices rose 0.8%. For Q3, headline CPI increased 1.3% q/q and 3.9% y/y, both matching forecasts. More significantly, quarterly trimmed-mean inflation rose 1.0%, above expectations of 0.8% and the RBA’s August projection of 0.8%. On the monthly […] The post Australia CPI Rises to 4.3% as Underlying Inflation Exceeds Forecasts appeared first on ActionForex .
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