In the first quarter of 2024, Australia recorded a higher-than-expected inflation rate, with the Consumer Price Index (CPI) showing significant increases both quarterly and annually. The quarterly CPI rose to 1.0%, surpassing the forecast of 0.8% and the previous quarter's 0.6%. Annually, the CPI reached 3.6%, exceeding expectations of 3.4% and down from the previous year's 4.1%. Additionally, the weighted median CPI for the quarter was 1.1%, higher than the anticipated 0.9%, and the trimmed mean CPI annually was reported at 4.0%, above the expected 3.8% but below the prior 4.2%.
AUSTRALIA (Q1) CPI TRIMMED MEAN YOY ACTUAL: 4% VS 4.2% PREVIOUS;EST 3.8%
AUSTRALIA (Q1) CPI TRIMMED MEAN QOQ ACTUAL: 1% VS 0.8% PREVIOUS;EST 0.8%
AUSTRALIA (Q1) CPI WEIGHTED MEDIAN QOQ ACTUAL: 1.1% VS 0.9% PREVIOUS;EST 0.9%
AUSTRALIA (Q1) CPI WEIGHTED MEDIAN YOY ACTUAL: 4.4% VS 4.4% PREVIOUS;EST 4.1%
π¦πΊ Monthly CPI Indicator (Mar) Actual: 3.5% Expected: 3.4% Previous: 3.4% https://t.co/GSyW8xpBwO
AUSTRALIA Q1 RBA TRIMMED MEAN CPI UP 4% YEAR ON YEAR
π΄ β οΈ BREAKING: AUSTRALIAN CPI QOQ ACTUAL 1% (FORECAST 0.8%, PREVIOUS 0.6%) $MACRO
π΄ RBA WEIGHTED MEDIAN CPI QOQ ACTUAL 1.1% (FORECAST 0.9%, PREVIOUS 0.9%) $MACRO
π¦πΊ Inflation Rate YoY (Q1) Actual: 3.6% Expected: 3.4% Previous: 4.1% https://t.co/GSyW8xpBwO
π¦πΊ Inflation Rate QoQ (Q1) Actual: 1.0% Expected: 0.8% Previous: 0.6% https://t.co/GSyW8xpBwO
π΄ AUSTRALIAN CPI YOY ACTUAL 3.6% (FORECAST 3.5%, PREVIOUS 4.1%) $MACRO
π¦πΊ Australia Monthly CPI Indicator (YoY) (Mar) $AUD Actual: 3.50% π’ Expected: 3.40% Previous: 3.40%
π¦πΊ Australia Trimmed Mean CPI (QoQ) (Q1) $AUD Actual: 1.0% π’ Expected: 0.8% Previous: 0.8%
π¦πΊ Australia CPI (QoQ) (Q1) $AUD Actual: 1.0% π’ Expected: 0.8% Previous: 0.6%
π¦πΊ Australia Weighted mean CPI (YoY) (Q1) $AUD Actual: 4.4% π’ Expected: 4.1% Previous: 4.4%
π¦πΊ Australia Weighted mean CPI (QoQ) (Q1) $AUD Actual: 1.1% π’ Expected: 0.9% Previous: 0.9%
π¦πΊ Australia Trimmed Mean CPI (YoY) (Q1) $AUD Actual: 4.0% π’ Expected: 3.8% Previous: 4.2%
π¦πΊ Australia CPI (YoY) (Q1) $AUD Actual: 3.6% π’ Expected: 3.4% Previous: 4.1%
AU CPI IN 5 MINUTES - 3.4% EXPECTED FROM 4.1% PREV
Heads Up:π¦πΊ Inflation Rate QoQ (Q1) due at 01:30 GMT (15min) Expected: 0.8% Previous: 0.6% https://t.co/GSyW8xpBwO
Heads Up:π¦πΊ Inflation Rate YoY (Q1) due at 01:30 GMT (15min) Expected: 3.4% Previous: 4.1% https://t.co/GSyW8xpBwO
πΈπ¬ Singapore CPI (YoY) (Mar) $SGD Actual: 2.7% π΄ Expected: 3.1% Previous: 3.4%