Australia’s March QTR CPI is out and undershoots again:
 | |
Dec Qtr 2016 to Mar Qtr 2017 |
Mar Qtr 2016 to Mar Qtr 2017 |
| Weighted average of eight capital cities |
% change |
% change | |
|
| |||
| All groups CPI |
0.5 |
2.1 | |
| Food and non-alcoholic beverages |
-0.2 |
1.8 | |
| Alcohol and tobacco |
1.1 |
6.1 | |
| Clothing and footwear |
-1.4 |
0.3 | |
| Housing |
0.8 |
2.5 | |
| Furnishings, household equipment and services |
-1.0 |
-0.1 | |
| Health |
2.0 |
3.8 | |
| Transport |
1.5 |
3.8 | |
| Communication |
-0.3 |
-4.8 | |
| Recreation and culture |
-0.7 |
-0.2 | |
| Education |
3.1 |
3.3 | |
| Insurance and financial services |
0.6 |
2.7 | |
| CPI analytical series | | | |
| All groups CPI, seasonally adjusted |
0.5 |
2.1 |
| Trimmed mean |
0.5 |
1.9 |
| Weighted median |
0.4 |
1.7 |
|
| |||
Trimmed mean slightly higher than expected, everything else missed.
Ain’t no inflation, ‘ere…
More to come…
