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Australia Inflation Data Due On Wednesday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Australia will on Wednesday release January figures for consumer prices, highlighting a busy day for Asia-Pacific economic activity.

In December, inflation was up 0.6 percent on quarter and 3.6 percent on year. The trimmed mean was up 0.9 percent on quarter and 3.4 percent on year and the weighted mean rose 0.9 percent on quarter and 3.8 percent on year.

Australia also will see Q4 numbers for construction work done, with forecasts suggesting an increase of 1.2 percent on quarter following the 0.7 percent contraction in Q3.

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