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Australia Consumer Price Index (YoY) below expectations (1.7%) in 3Q: Actual (1.5%)

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Australia Consumer Price Index (QoQ) below expectations (0.6%) in 3Q: Actual (0.5%)

Australia Consumer Price Index (QoQ) below expectations (0.6%) in 3Q: Actual (0.5%)
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Australia Q3 inflation below RBA's comfort zone

Australia's CPI (QoQ) for Q3 came in at 0.5%, below forecasts of 0.6%, while the yearly reading came also below expectations at 1.5% vs 1.7% exp. As per Australia's RBA trimmed mean, CPI (QoQ) came in at 0.3%, below forecasts (0.5%), while RBA trimmed mean CPI (YoY) came at 2.1%, well below forecasts of 2.4%.
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