Australia CPI has arrived as follows:
AUD/USD is virtually unchanged on the release.
There is a higher focus on jobs numbers and November’s decision will unlikely be heavily influenced by the CPI reading.
AUD/USD Price Analysis: Bounded by support and resistance, watch for breakout
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.
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.