Aussie inflation remains weak

Fresh from the ABS comes the Aussie CPI and it remains weak:

	Jun Qtr 2019 to Sep Qtr 2019	Sep Qtr 2018 to Sep Qtr 2019
Weighted average of eight capital cities		% change	% change

All groups CPI		0.5	1.7
Food and non-alcoholic beverages		0.4	2.3
Alcohol and tobacco		2.0	6.6
Clothing and footwear		1.5	1.5
Housing		0.3	0.4
Furnishings, household equipment and services		1.1	1.8
Health		-0.2	3.1
Transport		-0.3	0.7
Communication		-1.1	-4.1
Recreation and culture		1.5	1.7
Education		0.1	2.8
Insurance and financial services		0.2	0.5
CPI analytical series
	All groups CPI, seasonally adjusted	0.3	1.7
	Trimmed mean	0.4	1.6
	Weighted median	0.3	1.2

Right on expectations for headline and core but weaker for weighted median. More to come.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.