Australia: CPI inflation likely to rise 0.6% in Q1 2018 - Nomura

Sandeep Kanihama FXStreet Contributor

Analysts at Nomura are forecasting a 0.6% q-o-q rise in Australia’s headline CPI inflation in Q1 2018, which would see year-end inflation rise to 2.1% y-o-y from 1.9%.

Key Quotes

“We expect headline CPI inflation to be pushed up by higher tobacco and electricity prices, a 1% rise in fuel prices, and seasonal rises in health and education costs. Core inflation should be relatively more contained, and should provide evidence of subdued retail price pressures – we forecast the trimmed-mean measure to rise by 0.48% q-o-q and by 1.8% y-o-y.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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