Australia AUD

Australia Inflation Rate QoQ

Impact:
High

Latest Release:

Date:
Surprise:
0.1%
| AUD
Actual:
0.9%
Forecast: 0.8%
Previous/Revision:
0.2%
Period: Q1

Next Release:

Date:
Forecast: 0.8%
Period: Q2
What Does It Measure?
The Australia Inflation Rate QoQ measures the percentage change in the price level of a basket of goods and services consumed by households over a quarterly period. This indicator primarily focuses on assessing inflationary trends in the economy, evaluating the cost of living, purchasing power, and overall price stability.
Frequency
The Australia Inflation Rate QoQ is released on a quarterly basis, typically published within a month following the end of each quarter and it presents final figures that may revise preliminary estimates made earlier.
Why Do Traders Care?
Traders monitor the inflation rate closely, as rising inflation can lead to central bank interest rate hikes, affecting the Australian Dollar (AUD) and influencing stock prices. High inflation readings may signal overheating in the economy, thereby prompting shifts in market expectations regarding monetary policy and future asset performance.
What Is It Derived From?
This inflation measure is derived from the Consumer Price Index (CPI), calculated based on a survey of prices for a fixed basket of goods and services collected from various retail sectors. The data collection includes prices from a diverse range of consumer purchases, utilizing weighting methods to reflect consumption patterns accurately.
Description
The preliminary report for the quarterly inflation rate captures early estimates based on partial data collection which may undergo revisions in the final report, providing a more comprehensive assessment of inflationary pressures. Typically, this indicator reports quarterly data measuring price changes compared to the previous quarter (QoQ), which reveals medium-term trends in inflation rather than seasonal variations or long-term trends.
Additional Notes
This inflation indicator serves as a key coincident economic measure, reflecting current economic conditions and helping to assess broader economic trends in Australia. It is often compared with other metrics like the annual inflation rate and the core inflation rate to provide a fuller picture of price stability in relation to global economic trends.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for AUD, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
0.9%
0.8%
0.2%
0.1%
0.2%
0.3%
0.2%
-0.1%
0.2%
0.3%
1%
-0.1%
1%
1%
1%
1%
0.8%
0.6%
0.2%
0.6%
0.8%
1.2%
-0.2%
1.2%
1.1%
0.8%
0.1%
0.8%
1%
1.4%
-0.2%
1.4%
1.3%
1.9%
0.1%
1.9%
1.6%
1.8%
0.3%
1.8%
1.6%
1.8%
0.2%
1.8%
1.9%
2.1%
-0.1%
2.1%
1.7%
1.3%
0.4%
1.3%
1%
0.8%
0.3%
0.8%
0.8%
0.8%
0.8%
0.7%
0.6%
0.1%
0.6%
0.9%
0.9%
-0.3%
0.9%
0.7%
1.6%
0.2%
1.6%
1.5%
-1.9%
0.1%
-1.9%
-2%
0.3%
0.1%
0.3%
0.2%
0.7%
0.1%
0.7%
0.6%
0.5%
0.1%
0.5%
0.5%
0.6%
0.6%
0.5%
0%
0.1%
0%
0.2%
0.5%
-0.2%
0.5%
0.4%
0.4%
0.1%
0.4%
0.4%
0.4%
0.4%
0.5%
0.4%
-0.1%
0.4%
0.5%
0.6%
-0.1%
0.6%
0.7%
0.6%
-0.1%
0.6%
0.8%
0.2%
-0.2%
0.2%
0.4%
0.5%
-0.2%
0.5%
0.6%
0.5%
-0.1%
0.5%
0.7%
0.7%
-0.2%
0.7%
0.5%
0.4%
0.2%
0.4%
0.4%
-0.2%
-0.2%
0.3%
0.4%
-0.5%
0.4%
0.3%
0.5%
0.1%
0.5%
0.6%
0.7%
-0.1%
0.7%
0.8%
0.2%
-0.1%