FX.co ★ Australia’s Trimmed Mean CPI Holds Steady at 0.8% in Q2 2026, Signalling Stable Core Inflation

Australia’s core inflation gauge, the Trimmed Mean CPI, remained unchanged in the second quarter of 2026, holding at 0.8% quarter-on-quarter. According to data updated on 29 July 2026, the indicator matched its previous quarter’s pace, indicating that underlying price pressures neither accelerated nor eased over the period.

The Trimmed Mean CPI strips out the most volatile price movements and is closely watched as a measure of underlying inflation dynamics. On a quarter-over-quarter comparison, the latest reading shows that the current quarter’s increase is identical to that of the prior quarter, reinforcing a picture of steady, if still elevated, core pricing trends.

With the actual Q2 2026 change mirroring the previous quarter’s 0.8% rise, markets and policymakers will be assessing whether this stability signals an entrenchment of current inflation conditions or a pause before further movement in either direction. The data provide a key reference point for evaluating the trajectory of Australia’s inflation backdrop across the mid‑2026 period.