Australia’s monthly CPI inflation ticks up to 4.0% YoY in May vs. 3.8% expected
Quelle Fxstreet
26. Juni 2024 01:31
Australia’s monthly Consumer Price Index (CPI) jumped by 4.0% in the year to May after recording a 3.6% increase in April, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.
The market forecast was for a 3.8% growth in the reported period.
Market reaction
The AUD/USD pair picks up fresh bids on the data release, adding 0.26% on the day to trade near 0.6660, as of writing.
Haftungsausschluss: Nur zu Informationszwecken. Die bisherige Performance ist kein verlässlicher Indikator für zukünftige Ergebnisse.
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