Australia gets fresh CPI inflation data tomorrow. What are analysts expecting?

The Market Herald03-26

If you read my wrap-up for Week 12 published last Friday, you may remember that tomorrow we’re going to see a domestic catalyst event in Australia which could mean we diverge from whatever the US ...

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What are analysts expecting?","media":"The Market Herald","content":"<div>\n<p>If you read my wrap-up for Week 12 published last Friday, you may remember that tomorrow we’re going to see a domestic catalyst event in Australia which could mean we diverge from whatever the US ...</p>\n\n<a href=\"https://themarketonline.com.au/australia-gets-fresh-cpi-inflation-data-tomorrow-what-are-analysts-expecting-2024-03-26/\">Source Link</a>\n\n</div>\n","source":"markerherald_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australia gets fresh CPI inflation data tomorrow. What are analysts expecting?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralia gets fresh CPI inflation data tomorrow. What are analysts expecting?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-26 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/australia-gets-fresh-cpi-inflation-data-tomorrow-what-are-analysts-expecting-2024-03-26/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you read my wrap-up for Week 12 published last Friday, you may remember that tomorrow we’re going to see a domestic catalyst event in Australia which could mean we diverge from whatever the US ...</p>\n\n<a href=\"https://themarketonline.com.au/australia-gets-fresh-cpi-inflation-data-tomorrow-what-are-analysts-expecting-2024-03-26/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XAO.AU","symbol_name":"标普/澳交所 普通股指数","start_time":0,"source_url":"https://themarketonline.com.au/australia-gets-fresh-cpi-inflation-data-tomorrow-what-are-analysts-expecting-2024-03-26/","article_id":"2422633546","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422633546","pubTimestamp":1711425720,"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"If you read my wrap-up for Week 12 published last Friday, you may remember that tomorrow we’re going to see a domestic catalyst event in Australia which could mean we diverge from whatever the US market does this evening.That’s right: Australia gets its latest monthly Consumer Price Inflation  read from the ABS tomorrow at 11.30am AEDT – that’s 8.30am in the morning if you live in Perth, like a normal person.So is there a way we can predict what will happen with any real certainty?Not really, no. But it can be helpful to cast a wide net and take in a variety of views on which way CPI might go. NAB: Analysts expect CPI in February to reflect a rise to 3.6% (y/y) from 3.4%. ANZ: Analysts expect CPI in February to reflect a rise to 3.5%. Westpac: Analysts expect CPI in February to reflect a rise to 3.8%. As always for a CPI day, expect some volatility. Just for the hell of it, looking at the range we’ve got, and being an oilcentric thinker – I’m going to call 3.6%. Gulp.","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","CPI":"IQ Real Return ETF","XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数"},"translate_title":"澳大利亚明天将获得新的CPI通胀数据。分析师在期待什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CPI":1,"XAO.AU":1,"XJO.AU":1,"XKO.AU":1},"content_text":"If you read my wrap-up for Week 12 published last Friday, you may remember that tomorrow we’re going to see a domestic catalyst event in Australia which could mean we diverge from whatever the US market does this evening.\nThat’s right: Australia gets its latest monthly Consumer Price Inflation (CPI) read from the ABS tomorrow at 11.30am AEDT – that’s 8.30am in the morning if you live in Perth, like a normal person.\nSo is there a way we can predict what will happen with any real certainty?\nNot really, no. But it can be helpful to cast a wide net and take in a variety of views on which way CPI might go\nHere’s a speedrun through who’s expecting what.\n\nNAB: Analysts expect CPI in February to reflect a rise to 3.6% (y/y) from 3.4%\nANZ: Analysts expect CPI in February to reflect a rise to 3.5%\nWestpac: Analysts expect CPI in February to reflect a rise to 3.8% \nCommonwealth: Analysts also expect data to rise to 3.8%\nAMP: Chief economist Shane Oliver expects CPI data to reflect a rise to 3.7%\nBloomberg: A survey conducted by the media giant puts consensus at 3.5%\n\nSo why is everybody expecting a slight increase?\nIn short: higher fuel prices driven by a slightly higher price for brent crude oil; a drop in holiday-season sales events at retail outlets, and ever-increasing rental inflation.\nThe price of building a house, or dwelling if you will, has also increased – suggesting this isn’t necessarily going to absolve itself any time soon. \nThe invisible hand of the property market may need some good old legislative encouragement. That would mean, of course, our two major parties might not receive so many precious donations. \nI tend to just see them as one purple-coloured entity at this point.\nTime will tell – less than 24 hours, in fact.\nAs always for a CPI day, expect some volatility. Just for the hell of it, looking at the range we’ve got, and being an oilcentric thinker – I’m going to call 3.6%. Gulp.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2422633546"}