Australia Q2 2025 Headline CPI 2.1%y/y (expected 2.2%) Trimmed mean 2.7%y/y (exp 2.7%)
These lower than expected and inline results should lock in a Reserve Bank of Australia 25bp cash rate cut next month. The meeting is August 11 and 12.
- Australian consumer prices grew at the slowest pace in over four years
- core inflation hit a fresh three-year low
AUD has been marked lower on the data result.
