The cost of living for employee households rose by a moderate 1.5 per cent over the year to March 2017.
This morning the International Trade figures for the month of March 2017 are to be released.
Following on from last month's huge and near-record $3.5 surplus, the market expects to see a slightly lower result at a surplus of around $3.3 billion.
Market forecasts are now blind, since the ABS no longer releases customs goods imports ahead of the trade data market release.
Market forecasts range from a solid surplus of $1.8 billion all the way up to a record monthly high of $4 billion.
Westpac is the most bullish forecaster, estimating that export earnings may have been previously understated.
Some imports were also pulled forward into January due to lunar New Year, which in part accounted for the very low result for imports last month (and in turn, the apparently massive surplus).