Inflation data from Australia for the April – June quarter of 2023, along with June month CPI also:
more to come
The ‘trimmed mean’ is the preferred measure of underlying, or core, inflation.
There is another core measure, the weighted median:
- 1.0% q/q vs. expected 1.1% and prior 1.2%
- 5.5% y/y vs. expected 5.4%, prior 5.8%
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For background on this: