Inflation is likely to continue below the target – ANZ | Instant News


Australia will release inflation data on Wednesday, April 29 at 01:00 GMT. Economists at ANZ Bank estimate the figure.

Key quote

“Our estimate is for headline inflation to be 0.1% q / q in Q1, with the annual rate of lifting touch to 1.9%.”

“Trimmed average inflation, the underlying measure RBA Focusing on, it is expected to come in at 0.4% q / q again this quarter. This will see an annual rate of 1.6%. We see the risk is slightly tilted down. “

“Given the current environment, a relatively weak inflation forecast is unlikely to push the RBA into additional policy actions, given the unconventional monetary policies that have been implemented.”

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