Australian monthly inflation data.
The headline is 6.69% y/y
- expected 7.4%
- prior 7.3%
For the core measure, the 'trimmed mean', comes in at 5.3% y/y
more to come
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The Reserve Bank of Australia next meets on December 6. The market is expecting a 25bp rate hike.
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There is a stack of other data from Australia out as well but I'll come back to these, the focus is inflation.
- private sector credit growth
- Q3 construction work completed
- building permits
