Australia’s Q2 Consumer Price Index data has just been released. Australia Q2 RBA trimmed-mean CPI -0.1 pct q/q (Reuters poll +0.1 pct). Australia Q2 CPI (all groups) -1.9 pct QoQ (Reuters poll -2.0 pct). Australia Q2 RBA weighted median CPI +0.1 pct QoQ (Reuters poll +0.1 pct). Australia Q2 RBA trimmed mean CPI +1.2 pct YoY (Reuters poll +1.4 pct). Australia Q2 CPI (all groups) -0.3 pct YoY(Reuters poll -0.4 pct). Australia Q2 RBA weighted median CPI+1.3 pct YoY (Reuters poll +1.2 pct). Australia Q2 RBA weighted median CPI+1.3 pct YoY(Reuters poll +1.2 pct). AUD/USD implications Given the extreme condition of the economy in Q2, the RBA is unlikely to place much weight on this data, analysts at Westpac argued. Description of the Consumer Price Index The Consumer Price Index released by the RBA and republished by the Australian Bureau of Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The trimmed mean is calculated as the weighted mean of the central 70% of the quarterly price change distribution of all CPI components, with the annual rates based on compounded quarterly calculations. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/JPY: Sellers attack 75.00 on downbeat RBA Trimmed Mean CPI FX Street 3 years Australia’s Q2 Consumer Price Index data has just been released. Australia Q2 RBA trimmed-mean CPI -0.1 pct q/q (Reuters poll +0.1 pct). Australia Q2 CPI (all groups) -1.9 pct QoQ (Reuters poll -2.0 pct). Australia Q2 RBA weighted median CPI +0.1 pct QoQ (Reuters poll +0.1 pct). Australia Q2 RBA trimmed mean CPI +1.2 pct YoY (Reuters poll +1.4 pct). Australia Q2 CPI (all groups) -0.3 pct YoY(Reuters poll -0.4 pct). Australia Q2 RBA weighted median CPI+1.3 pct YoY (Reuters poll +1.2 pct). Australia Q2 RBA weighted median CPI+1.3 pct YoY(Reuters poll +1.2 pct). AUD/USD implications Given the extreme condition of the economy in Q2, the RBA is… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
