Preview of Australian Q3 CPI information due right now – dangers skewed to the upside

Commonwealth Financial institution of Australia forecast for right now’s Q3 Australian inflation report.

• the information is due at 0030 GMT (2030 US Jap time)

Briefly:

• We forecast headline CPI rose by 0.9% in Q3 23 ( 5.1%/yr)
• Trimmed imply CPI is anticipated to have elevated by 1.0%/qtr (4.9%/yr)
• These numbers are broadly much like the RBA’s implied profile within the August Assertion on Financial Coverage.
• We view the dangers to our inflation forecast as skewed to the upside.
• An final result according to our forecast is according to financial coverage on maintain in November.

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