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Australian RBA Trimmed Mean CPI YoY (Dec) Y/Y 3.3% vs. Exp. 3.3% (Prev. 3.2%, Low. 3.1%, High. 3.3%)

Newsquawk Staff ·

Australian RBA Trimmed Mean CPI YoY (Dec) Y/Y 3.3% vs. Exp. 3.3% (Prev. 3.2%, Low. 3.1%, High. 3.3%)

What it means

The RBA Trimmed Mean CPI for December came in line with expectations at 3.3%, showing a slight increase from the previous figure of 3.2%. This stable inflation print suggests that inflation pressures are holding, which is important for the RBA's monetary policy outlook. Market participants will be keen to see if this confirms a rate-hiking stance in the near future or if it leads to any adjustments in forecasts as the central bank navigates between growth and inflation concerns.

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