Aussie November CPI Preview

Jan 10, 2024

∙ Paid

Australia’s November CPI will be released on 10 January. This release now attracts significant market attention, with the undershoot in the October release sending Aussie bond yields sharply lower.

Here’s a quick summary, with all the detail further below.

We expect year-ended headline inflation to have moderated further from +4.9% in October to +4.4% in November. The risks feel skewed a bit to the downside.

Inflation is expected to have been around +0.4% m/m and a bit below 4% on an annualised 3m/3m basis (down from 5.1% in October).

Keep reading with a 7-day free trial

Subscribe to Antipodean Macro Professional to keep reading this post and get 7 days of free access to the full post archives.