See upside risks to Australia CPI inflation - TDS

Analysts at TD Securities offer a brief preview of the Australian quarterly consumer inflation data, due for release during the Asian session on Wednesday.“We expect outsized headline/ underlying CPI prints vs consensus. The magnitude of the increases for the main drivers of Australia CPI inflation are: 1) Housing 3.2% q/q; 2) Food 2.25% q/q; 3) Transport 2.3% q/q; 4) Household Services 1.65% q/q & 5) Recreation 1.2% q/q.

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