Main PageJuly 29, 2026

Australian June CPI 3.8% y/y vs +4.0% expected

  • CPI m/m -0.1% vs +0.2% expected
  • June trimmed mean 3.6% y/y vs 3.7% expected
  • Australian Q2 CPI % y/y vs +4.1% expected
  • Prior was 4.1%
  • CPI q/q vs +0.7% expected (prior was +1.4%)
  • RBA trimmed mean 3.6% y/y vs 3.7% expected
  • RBA weighted mean 3.6% y/y vs 3.7% expected

These are slightly cool numbers right across the board and will unwind the modest expectations for a near term rate hike. This is an opportunity for the RBA to sit back and watch for what’s next.

This article was written by Adam Button at investinglive.com.