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.