Underlying inflation measures · Australia
Australia RBA Trimmed Mean CPI YoY
The Australia RBA Trimmed Mean CPI YoY is an alternative measure of underlying inflation in Australia, built to strip out one-off price jumps without simply dropping whole categories.
- Importancia
- Medium
- Publicado
- Monthly
- Próxima publicación
- Divisa
- AUD · Australian dollar
- Banco central
- The Reserve Bank of Australia
Últimas cifras
El último dato, de SEP, se publicó el 2026-10-28 y fue 3.6%. Está en línea con el consenso de 3.6%. Es más que 3.5% la vez anterior.
Un resultado en línea con el consenso suele provocar poca reacción: ya estaba descontado.
En las últimas 12 publicaciones osciló entre 3.2% y 3.6%, con una media de 3.4%.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 28 Oct 2026 | SEP | 3.6% | 3.6% | 3.5% |
| 30 Sep 2026 | AUG | 3.6% | 3.6% | 3.6% |
| 26 Aug 2026 | JUL | 3.6% | 3.5% | 3.6% |
| 29 Jul 2026 | JUN | 3.6% | 3.7% | 3.6% |
| 24 Jun 2026 | MAY | 3.6% | 3.5% | 3.4% |
| 27 May 2026 | APR | 3.4% | 3.4% | 3.3% |
| 29 Apr 2026 | MAR | 3.3% | 3.3% | 3.3% |
| 25 Mar 2026 | FEB | 3.3% | 3.4% | 3.4% |
| 25 Feb 2026 | JAN | 3.4% | 3.3% | 3.3% |
| 28 Jan 2026 | DEC | 3.3% | 3.3% | 3.2% |
| 7 Jan 2026 | NOV | 3.2% | – | 3.3% |
| 26 Nov 2025 | OCT | 3.3% | 3% | 3.2% ® |
Por qué importa
the Reserve Bank of Australia watches these measures to judge whether inflation is broad-based. When they agree with the headline, the trend is real; when they diverge, a few items are distorting the picture.
Cómo se calcula
A trimmed mean removes the items with the largest and smallest price changes (for example the top and bottom 15% by weight) and averages the rest; a weighted median takes the price change in the middle of the distribution. Other variants hold mortgage interest costs fixed or use common components.
Qué significan los cambios
- A trimmed mean or median near the target is the clearest sign that inflation is under control.
- When the headline jumps but these do not, the move is likely temporary.
Mayor de lo esperado: A higher figure than expected makes the Reserve Bank of Australia more likely to keep rates high or raise them: it tends to support the Australian dollar and push bond yields up, and is often a weight on stocks.
Menor de lo esperado: A lower figure than expected gives the Reserve Bank of Australia room to cut or hold rates lower: the Australian dollar tends to soften and bond yields to fall.
Una breve historia
Trimmed means were developed in the 1990s (Bryan and Cecchetti at the Cleveland Fed); the Reserve Bank of Australia and the Bank of Canada give them a central place in their policy.
Preguntas
What is the Australia RBA Trimmed Mean CPI YoY?
The Australia RBA Trimmed Mean CPI YoY is an alternative measure of underlying inflation in Australia, built to strip out one-off price jumps without simply dropping whole categories.
What was the latest Australia RBA Trimmed Mean CPI YoY?
3.6% for SEP, published on 28 October 2026 (consensus 3.6%, previous 3.5%).
When is the next Australia RBA Trimmed Mean CPI YoY?
On Wednesday 25 November 2026 at 00:30 UTC.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.