Playing Inflation Chicken With Wonky Monthly Data

Digital Finance Analytics (DFA) Blog

Dec 13 2023 | 00:06:47

00:00 / 00:06:47

Show Notes

You will recall that Australia’s October monthly CPI indicator from the Australian Bureau of Statistics came in below market expectations at 4.9%/yr (versus the consensus of 5.2%/yr). There were a number of factors which messed with the data, as I discussed in a previous show. According to CBA, other surveys also suggest that trimmed mean CPI in Q4 23 is unlikely to be stronger than the RBA’s ~1.0%/qtr forecast. But these monthly numbers are flaky, because the critical services price movements are not captured until the quarterly series which is due out in January. As I discussed in my earlier […]

Other Episodes

Episode 0

December 29, 2019 • 00:19:15

A UK Perspective On Household Finance [Podcast]

The Bank of England just published an interesting report on household finances. There are some interesting parallels with Australia. https://www.bankofengland.co.uk/quarterly-bulletin/2019/2019-q4/the-financial-position-of-british-households

Episode 0

August 16, 2023 • 00:10:06

Higher For Longer Hits Home! [Podcast]

Wall Street’s main stock indexes closed sharply lower on Tuesday after stronger-than-expected retail sales data stoked worries interest rates could stay higher for longer,...

Episode

January 21, 2024 • 00:13:02

Kiwi Home Prices Wobble!

We got the latest on New Zealand Property for December 2023 from the Real Estate Institute of New Zealand. I love how they spin...