RSS Australian monthly CPI rises to 2.3%, but easing core pressures offer RBA relief

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 RSS Australian monthly CPI rises to 2.3%, but easing core pressures offer RBA relief

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Australia’s monthly CPI rose from 2.1% yoy to 2.3% yoy in November, slightly above market expectations of 2.2%. Inflation excluding volatile items and holiday travel jumped from 2.4% yoy to 2.8% yoy. However, trimmed mean CPI, a measure closely watched by RBA, declined from 3.5% to 3.2%, signaling some relief in underlying inflationary pressures. The […]

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