fxstreet.com 27 Jan, 2021 00:00 am

When is the Aussie Q4 CPI data and how could it affect AUD/USD?

When is the Aussie Q4 CPI data and how could it affect AUD/USD?
Early Wednesday in Asia, the Australian Bureau of Statistics (ABS) will roll out the fourth quarter (Q4) inflation numbers for Australia. The releases

The releases will include the headline Consumer Price Index (CPI) and the Reserve Bank of Australia’s (RBA) Trimmed Mean CPI.Further, RBA Trimmed Mean CPI could also stay unchanged at 0.The trimmed mean is forecast to rise 0.The six-month annualized pace of the trimmed mean is forecast to lift from 0.

The trimmed mean is calculated as the weighted mean of the central 70% of the quarterly price change distribution of all CPI components, with the annual rates based on compounded quarterly calculations.7770 key resistance The Consumer Price Index released by the RBA and republished by the Australian Bureau of Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services.

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