周三，澳元兑美元汇率在前一天的平静交易后走强至0.661美元左右，因为投资者消化了8月份消费者价格强于预期的上涨。数据显示，整体通胀以一年来最快的速度加速，尽管核心通胀有所缓解，突显出价格压力喜忧参半。这些数据保持了对澳大利亚储备银行在9月份会议上将利率维持在3.6%不变的预期不变，而11月份降息的可能性从公布前的70%降至60%。政策制定者一直淡化月度CPI系列，理由是其波动性，并更愿意根据季度数据做出决定。州长米歇尔·布洛克本周早些时候表示，随着劳动力市场保持弹性，通胀有望恢复到目标水平。总的来说，这些数据表明，立即采取行动的紧迫性不大，这加强了央行在短期内对政策调整的谨慎立场。

The Australian dollar strengthened to around $0.661 on Wednesday, after a muted session in the previous day, as investors digested a stronger-than-expected rise in August consumer prices. The data showed headline inflation accelerating at the fastest pace in a year, though core inflation eased, highlighting mixed price pressures. The figures kept expectations intact for the Reserve Bank of Australia to leave rates unchanged at 3.6% in its September meeting, while the chances of a November rate cut eased to 60% from 70% before the release. Policymakers have consistently downplayed the monthly CPI series, citing its volatility, and prefer to base decisions on quarterly figures. Governor Michele Bullock earlier this week signaled confidence that inflation is on track to return to target as the labor market remains resilient. Taken together, the data suggested little urgency for immediate action, reinforcing the central bank's cautious stance on policy adjustments in the near term.

澳大利亚8月份月度CPI同比上涨3.0%，核心市场降温。8月份，澳大利亚消费者价格以一年来最快的年率上涨，但核心通胀的一个关键指标有所回落，并为进一步降息敞开了大门。

Australia monthly CPI rises 3.0% y/y in Aug, core cools.Australian consumer prices rose at the fastest annual pace in a year in August, but a key measure of core inflation eased back and kept the door open to a further cut in interest rates.

2025年8月，澳大利亚月度消费者价格指数（CPI）同比上涨3.0%，高于7月的2.8%，高于2.9%的预期涨幅，但仍在澳大利亚储备银行的2-3%目标范围内。这是自2024年7月以来的最高通胀率，主要原因是住房成本上涨。住房通胀率从7月份的3.6%升至4.5%，创14个月新高。这一增长主要归因于电价飙升24.6%，因为州政府的回扣逐渐被家庭耗尽。服装（3.0%对2.3%）和通信（1.9%对0.8%）的通货膨胀也加速，而运输价格反弹（0.4%对-1.0%），这是七个月来首次上涨，原因是燃料价格下降幅度较小。另一方面，食品通胀稳定在3.0%。然而，8月份的年度平均通胀率从7月份的2.7%略微降至2.6%。与此同时，核心通胀率（不包括波动性商品和旅行）从3.2%升至3.4%，为13个月来的最高水平。

Australia’s monthly Consumer Price Index (CPI) rose 3.0% yoy in August 2025, up from 2.8% in July and above expectations of a 2.9% gain, but remaining within the RBA’s 2–3% target range. This was the highest inflation reading since July 2024, driven primarily by rising housing costs. Housing inflation rose to 4.5% from 3.6% in July, marking a 14-month high. The increase was largely attributed to a 24.6% surge in electricity prices, as State Government rebates were gradually exhausted by households. Inflation also accelerated for clothing (3.0% vs 2.3%) and communication (1.9% vs 0.8%), while transport prices rebounded (0.4% vs -1.0%), marking the first increase in seven months due to a softer decline in fuel prices. On the other hand, food inflation was steady at 3.0%. However, the annual trimmed mean inflation eased slightly to 2.6% in August from 2.7% in July. Meanwhile, core inflation—excluding volatile items and travel—rose to 3.4% from 3.2%, marking its highest level in 13 months.

澳大利亚月度CPI（2025年8月）+3%（预计为2.9%，之前为2.8%）。正如今天早些时候所指出的，澳大利亚的月度CPI数据并没有显示CPI的所有组成部分，这将不得不等待季度数据发布（10月下旬）。

Australian monthly CPI (August 2025) +3% (expected 2.9%, prior 2.8%).As noted earlier today, the monthly CPI data from Australia does not show all components of the CPI, that'll have to wait for the quarterly data release (late in October).