Goldman Sachs chief economist Andrew Boak said Australian inflation remains
slightly concerning. He expects June headline CPI to rise 0.2% m/m, keeping the
YoY rate at 4.0% (RBA target ~2.5%). Boak forecasts the trimmed-mean CPI — a
core measure — to rise 0.4% m/m, lifting the YoY rate by 10bps to 3.7%. Data are
due July 29.