Weekly: RBA and August CPI deep dive

Last week the RBA held rates and the August monthly CPI dipped to 2.7%/yr, both as expected. Belinda Allen and Stephen Wu from the Australian Economics team deep dive into the RBA meeting, including a less hawkish press conference as well as the broadening disinflation trend in the August data. Stephen also discusses how the energy rebates will impact household consumption over the third quarter, how this differs to RBA forecasts and the upcoming retail trade data.

 

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