The trimmed mean measure of core inflation favored by the Reserve Bank of Australia (RBA) rose 0.7 percent in the third quarter of 2021, beating market expectations of 0.5 percent. On a yearly basis, inflation rose to 2.1 percent, well above forecasts of 1.8 percent and putting it back in the RBA's 2-3 percent target range for the first time in six years. source: Australian Bureau of Statistics

Trimmed Mean CPI QoQ in Australia averaged 0.60 percent from 2002 until 2021, reaching an all time high of 1.20 percent in the fourth quarter of 2007 and a record low of 0 percent in the second quarter of 2020. This page includes a chart with historical data for Australia RBA Trimmed Mean CPI QoQ. Australia RBA Trimmed Mean CPI QoQ - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

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Australia RBA Trimmed Mean CPI QoQ

Calendar GMT Actual Previous Consensus TEForecast
2021-07-28 01:30 AM Q2 0.5% 0.3% 0.5%
2021-10-27 12:30 AM Q3 0.7% 0.5% 0.5%
2022-01-25 12:30 AM Q4 0.7%

Related Last Previous Unit Reference
Inflation Rate 3.00 3.80 percent Sep/21
Inflation Rate Mom 0.80 0.80 percent Sep/21
Consumer Price Index CPI 119.70 118.80 points Sep/21
Core Inflation Rate 2.10 1.60 percent Sep/21
Core Consumer Prices 119.76 118.92 points Sep/21
GDP Deflator 107.70 105.10 points Jun/21
Producer Prices 114.90 113.60 points Sep/21
Producer Prices Change 2.90 2.20 percent Sep/21
Export Prices 145.80 137.30 points Sep/21
Import Prices 113.90 108.10 points Sep/21
Food Inflation 1.30 0.70 percent Sep/21
Weighted Median CPI QoQ 0.70 0.50 percent Sep/21
Trimmed Mean CPI QoQ 0.70 0.50 percent Sep/21
CPI Transportation 113.40 109.90 points Sep/21
CPI Housing Utilities 123.40 121.30 points Sep/21
Australia RBA Trimmed Mean CPI QoQ
In Australia, the Trimmed mean is calculated as the weighted mean of the central 70 percent of the quarterly price change distribution of all CPI components, with the annual rates based on compounded quarterly calculations.