Australia RBA trimmed mean CPI (YoY) meets forecasts (2.2%)

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Jul 22, 2015

Australia Consumer Price Index (QoQ) came in at 0.7% below forecasts (0.8%)

Australia Q2 inflation within RBA's comfort zone

Australia's CPI (QoQ) came in at 0.7%, below forecasts of 0.8%, while the yearly reading came alos below expectations at 1.5% vs 1.7% exp. As per Australia's RBA trimmed mean, CPI (QoQ) came in at 0.6%, above forecasts (0.5%), while RBA trimmed mean CPI (YoY) met forecasts at 2.2%.