Economic calendar in Asia - 25 January 2023 - New Zealand & Australian CPI data

Like just about everywhere else New Zealand and Australia are in the midst of cost of living increases and central bank rate hiking cycles.

Today we get the latest inflation updates from both.

I posted previews of the Australian data here:

• Australian official inflation data is due mid-week - preview.

• Australian inflation data this week - the RBA will be eyeing it for the February 7 meeting

Adam had this one:

• Q4 Australian CPI report a tailwind for AUD - MUFG

Expected for the Australian data:

Headline

expected 1.6% q/q, prior 1.8%

For the y/y,

expected 7.5%, prior 7.3%

Core inflation: Trimmed mean

expected 1.5% q/q, prior 1.8%

expected 6.5% y/y, prior 6.1%

Core inflation: Weighted median

expected 1.4% q/q, prior 1.4%

expected 5.5% y/y, prior was 5.0%

I wrote these out as the calendar seems to have a typo in the expected, use mine instead:

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing.

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Note also China and Hong Kong are on another holiday today.

FX centres:

• New Zealand
• Australia
• Singapore

are all open.