empty
 
 

2020.07.2901:45:00UTC+00Australia Inflation Slips 0.3% On Year In Q2

Consumer prices in Australia were down 0.3 percent on year in the second quarter of 2020, the Australian Bureau of Statistics said on Wednesday.

That beat expectations for a drop of 0.4 percent following the 2.2 percent increase in the previous three months.

On a quarterly basis, consumer prices sank 1.9 percent - again exceeding expectations for a fall of 2.0 percent after adding 0.3 percent in the three months prior.

The Reserve Bank of Australia's trimmed mean was down 0.1 percent on quarter and up 1.2 percent on year, while the weighted mean gained 0.1 percent on quarter and 1.3 percent on year.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback