Inflation data for Q4 2018 from Australia
CPI Headline:
0.5 % q/q
- expected 0.4% q/q, prior 0.4%
1.8 % y/y
- expected 1.7% y/y, prior 1.9%
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Trimmed mean (a core measure)
0.4 % q/q
- expected 0.4% q/q, prior 0.4%
1.8 % y/y
- expected 1.8% y/y, prior 1.8%
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Weighted median (also a core measure)
0.4 % q/q
- expected 0.5% q/q, prior 0.3%
1.7 % y/y
- expected 1.7% y/y, prior 1.8%, revised from 1.7%
Of those three the trimmed mean is the most closely watched. the weighted median is the other 'core' rate meaure. Both have come in unchanged from Q3.
AUD has had a pop on the 'headline' result, which has come in higher q/q and lower y/y compared to Q3.
Tradeables inflation 0.6% y/y
- Non-tradeable 2.4% y/y
Trimmed mean graph, flatlining after mutli year down trend:
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For background to this: