Australia CPI beats on a month-on-month and trimmed mean basis
Australia CPI for July showed M/M 1.0% versus 0.9% estimate and prior -0.1%, while Y/Y printed 3.5% versus 3.3% estimate and prior 3.8%.
CPI (Y/Y): 3.5% (est 3.3%; prev 3.8%) - Weighted Median CPI (M/M): 0.4% (prev 0.30%) - Weighted Median CPI (Y/Y): 3.6% (prev 3.70%) - Trimmed Mean CPI (M/M): 0.5% (prev 0.30%) - Trimmed Mean CPI (Y/Y): 3.6% (est 3.5%; prev 3.6%)