South Africa Producer Price Index (MoM) up to -0.4% in August from previous -1%

Rabobank’s day-ahead section highlights Australia’s August CPI as slightly softer, with headline inflation at 0.4% m/m and 4.0% y/y, and trimmed mean at 0.2% m/m and 3.6% y/y. Earlier in Q3, the RBA delivered another rate hike and is seen tightening again in the new year. Weak building approvals contrast with booming data centre activity, shaping Australian Dollar prospects.