October monthly inflation data from Melbourne Institute
+0.2% y/y
- prior 0.3%
+3.1%
- prior +2.7%
Trimmed mean +0.2% m/m
- 2.8% y/y (prior 2.6%)
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Official CPI data is once a quarter in Australia, this monthly guide is a good heads up for the quarterly data.
Last week we got Q3 CPI, with the core popping into the RBA target band for the first time since 2015. The day after the data: RBA throws in the towel on YCC