QoQ Change in Australia's Quarterly Consumer Price Index (CPI)
Australia| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarter-on-quarter change in the Consumer Price Index (CPI) measures how much the prices of goods and services purchased by consumers in Australia have increased or decreased in a specific quarter compared to the previous quarter. This data is released quarterly by the Australian Bureau of Statistics (ABS) and is crucial for assessing short-term inflation trends.
Quarter-on-quarter data helps to understand how inflation is changing over a short period. If the CPI is increasing, it indicates rising inflationary pressures, which can reduce consumers' purchasing power. Conversely, if the CPI is decreasing, it indicates a risk of deflation, which can increase consumers' purchasing power.
This data serves as an important reference for policymakers to assess inflation trends and formulate appropriate monetary policies. For example, if the CPI shows high growth, the central bank might consider raising interest rates to curb inflation. Conversely, if the CPI is decreasing, there might be a need to strengthen economic stimulus measures. For businesses and investors, this data provides critical insights into inflation trends and economic outlook, helping to inform strategic decisions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
