Australia Consumer Price Index (YoY) decreases to 2.2% in 3Q from 2.4%

The latest CPI readings in Australian for the third trimester of 2013 show inflation well contained, with the QoQ coming at 1.2% vs 0.8% expected, while the YoY print stood at 2.2% vs 2.1% expected. The trimmed mean CPI QoQ was 0.7% vs 0.6%, while the trimmed CPI YoY came at 2.3% vs 2.1% expected.