Australia – TD securities inflation data for December: +0.7% m/m (prior was +0.2%)

And, for the y/y: +2.7% (prior was +2.4%)

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And, y/y graph:

This is not the official CPI figure, but it’s a big jump nonetheless. Still within the RBA target range. AUD/USD is unchanged after the data release.

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The ‘trimmed mean’ +0.4% m/m and +2.9% y/y

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China GDP is the market focus today.