Australian monthly CPI (August 2025) +3%, above July and above expected, and also right at the top of the RBA 2-3% target band
- expected 2.9%, prior 2.8%
Trimmed mean 2.6% y/y
more to come
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As noted earlier today, the monthly CPI data from Australia does not show all components of the CPI, that’ll have to wait for the quarterly data release (late in October).
- The monthly CPI indicator does, however, provide a timelier indication of inflation using the same data collected for use in the quarterly CPI
Australian monthly CPI (August 2025) +3% (expected 2.9%, prior 2.8%)
