Australia February CPI cools slightly, but energy shock clouds inflation outlook
Australia’s February CPI showed modest cooling, but inflation remains above target and the data predates a sharp energy-driven inflation shock, leaving risks tilted to the upside. Summary: Australia February CPI cooled slightly to 3.7% y/y (vs 3.8% prior/exp). Monthly CPI flat at 0.0% m/m, down from 0.4%. Trimmed mean came in soft m/m at 0.2% (vs 0.3% exp), y/y…











