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Australian RBA Quarterly Trimmed Mean CPI Y/Y (Q4) 3.40% vs. Exp. 3.30% (Prev. 3.00%)

Newsquawk Staff ·

Australian RBA Quarterly Trimmed Mean CPI Y/Y (Q4) 3.40% vs. Exp. 3.30% (Prev. 3.00%)

What it means

The RBA's quarterly trimmed mean CPI coming in at 3.40% is above expectations of 3.30% and up from the prior reading of 3.00%. This beat suggests persistent inflation pressures, which could influence the RBA's policy stance moving forward, potentially leaning towards more hawkish implications for future rate decisions.

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