Category macro

NAB Forecasts Australian Inflation Easing

NAB forecasts April headline CPI at 4.4% due to fuel excise relief NAB expects Australian April headline CPI to ease to 4.4% due to a 7% monthly decline in automotive fuel prices. The trimmed mean inflation is forecast at 0.35% monthly and 3.4% annually. NAB also

Australia April CPI Slows to 4.4%

Australia's April CPI slows to 4.4% year-over-year The Australian Consumer Price Index is expected to slow down to a 4.4% year-on-year rate in April. This is down from 4.6% in March, yet still above the Reserve Bank of Australia's target for price stability.