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29 May 2024

Australia’s monthly CPI inflation rises to 3.6% YoY in April vs. 3.4% expected

Australia’s monthly Consumer Price Index (CPI) increased at an annual pace of 3.6% in the year to April, having risen 3.5% in March, data published by the Australian Bureau of Statistics (ABS) showed Wednesday.

The market consensus was for a 3.4% acceleration in the reported period.

developing story ...

May 29, 2024

Australia Construction Work Done came in at -2.9%, below expectations (0.5%) in 1Q

Australian Dollar recovers losses due to higher Monthly Consumer Price Index

The Australian Dollar (AUD) pared its daily losses after the higher-than-expected Monthly Consumer Price Index was released on Wednesday.