Australian July inflation data due soon – an outside chance its higher than in June

The monthly CPI data is due from the Australian Bureau of Statistics at 11.30am Sydney time (0130 GMT and 2130 uste)

ING preview:

  • July CPI inflation data is forecast to decline to 5.2%YoY from 5.4% in June. But the July data will also include some chunky electricity tariff increases, so we think there is a chance the number is higher than this, with an outside chance that inflation actually rises from last month.

Earlier previews and inflation-relevant posts:

This article was written by Eamonn Sheridan at Source