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Australia Q1 CPI Preview

Still way too high

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Antipodean Macro
Mar 25, 2026
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Australia’s March CPI will be released on 29 April and will include Q1 trimmed mean inflation under the pre-October 2025 methodology. This remains the key focus for the RBA.

We have firmed up our bottom-up Q1 CPI inflation forecasts following today’s February CPI.

March month nowcasts

Our nowcasts for the March monthly CPI and key categories are in the table below.

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