Breaking: Australia's Q1 CPI arrives at 0.0% q/q, misses estimates (Aussie drops)

Following the above-forecasts Australia's Q4 2019 CPI readings, today's inflation figures for the Q1 showed a bleak picture, with the headline figures missing expectations.

Main Headlines

Q1 CPI headline q/q +0.0% vs. 0.2% exp and 0.5% prior.

Q1 CPI headline y/y +1.3% vs. 1.5% exp and 1.9% prior.