October 25, 2023
Australia CPI Inflation 5.4% y-o-y (consensus 5.3%) in Q3-23
- Australia's CPI inflation grew by 5.4% year-on-year in Q3-23, showing a decrease from the previous quarter's rate of 6.0%.
- Quarter-on-quarter, both CPI inflation and Trimmed Mean Inflation reached 1.2% in Q3-23, while the Weighted Median Inflation slightly surpassed with 1.3% growth.
October 24, 2023
Australia Flash PMI Composite 47.3 in Oct-23
- Australia Flash PMI Composite records 47.3 in Oct-23, signaling a contraction in economic activity compared to the previous month's reading of 50.2.
- Both the manufacturing and services sectors experience declines with Australia Flash PMI Manufacturing at 48.0 and Australia Flash PMI Services at 47.6, falling below the 50.0 threshold.
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