Australia Trimmed Mean Inflation Rate

The index of truncated average price inflation in Australia is published quarterly. Data is presented with the exception of a seasonal factor. Seasonal goods and goods and services are excluded for calculation, whose prices change once a year (for example, education). In the calculation, 87 classes of expenses are involved, which are sorted from the lowest to the highest percentage, taking into account weights for each class of expenses. Next occurs the calculation of the weighted average average percentage of 70% of the distribution, so 15% of the costs of expenses are excluded the strongest of the total price and 15% of classes, the prices of which have grown most.