Australian monthly CPI due today, expected to be lower. Does it even matter to the RBA? ...Middle East

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Australian monthly CPI due today, expected to be lower. Does it even matter to the RBA?
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The monthly CPI data from Australia does not show all components of the CPI, that'll have to wait for the quarterly data release.The monthly CPI indicator does, however, provide a timelier indication of inflation using the same data collected for use in the quarterly CPI. The monthly reading includes updated prices for between 62 and 73 per cent of the weight of the quarterly CPI basket, its not the full picture.The quarterly CPI reading for the July - September quarter is not due until Wednesday 30 OctoberHowever! We work with what we've got, which is the monthly. Due at 11.30 am Sydney time0130 GMT2130 US Eastern timeEarlier previews:Australia CPI preview - CBA expect "Headline inflation i

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