The October Aussie monthly CPI trimmed mean is the number we pay the most attention to, particularly compared to the prior corresponding period. It was up 5.3% wich was below expectations. The numbers can move around a fair bit from month to month, so we can’t read too much into this one in issolation. Fruit and veg surprised on the downside, will that reserve in November because of the weather? Its too hard to say.
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Quicknote: Aussie monthly inflation slips…
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The October Aussie monthly CPI trimmed mean is the number we pay the most attention to, particularly compared to the prior corresponding period. It was up 5.3% wich was below expectations. The numbers can move around a fair bit from month to month, so we can’t read too much into this one in issolation. Fruit and veg surprised on the downside, will that reserve in November because of the weather? Its too hard to say.