I posted earlier on this ICYMI:
The monthly CPI data from Australia does not show all components of the CPI, that'll have to wait for the quarterly data release. For the July - September quarter we'll get that in October. Nevertheless, we will receive some information from the monthly release today. Earlier previews:
- RBA’s own staff could be signalling low faith in durably hitting the Bank's CPI target
- Preview of Australian July inflation data due mid-week. A key release for the RBA and AUD.
![rba cash rate vs. inflation 27 July 2023](https://images.forexlive.com/images/rba%20cash%20rate%20vs.%20inflation%2027%20July%202023_id_3bd53952-6501-491b-973c-9c9875f86a4c_original.jpg)
From the RBA website where the monthly CPI number is featured.