Australia Inflation Rate (CPI)

Australia Inflation Rate (CPI) 27 July 2016

Australia Inflation Rate (CPI) 27 July 2016: 1.0% for Q2 2016, below the 1.1% forecast and down from 1.3% in Q1 2016. It is the lowest of the last 7 releases. It is the second release in a row below the forecast. Printed 1.0%, below the 2–3% target band. It was released on Wed 27 Jul 2016 at 01:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Australian Bureau of Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
1.0%
Q2 2016
Forecast
1.1%
The market consensus
Previous
1.3%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise can weaken the Australian dollar by bringing rate cuts closer, particularly if inflation is moving sustainably toward target.

Australia Inflation Rate (CPI) 27 July 2016: 1.0% for Q2 2016 against a 1.1% forecast, with the last 7 releases
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Cite this release

If you cite this release, please link to this page:

Australia Inflation Rate (CPI) 27 July 2016: 1.0% vs 1.1% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-cpi/2016-07-27

The last 7 releases · times in UTC
ReleasedForActualForecastPrevious
27 Jul 2016Q21.0%1.1%1.3%
27 Apr 2016Q11.3%1.8%1.7%
27 Jan 2016Q41.7%1.6%1.5%
28 Oct 2015Q31.5%1.7%1.5%
22 Jul 2015Q21.5%1.7%1.3%
22 Apr 2015Q11.3%1.3%1.6%
28 Jan 2015Q41.7%1.8%2.3%