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Australian CPI rose 0.4% month-on-month in April, with annual inflation easing to 4.2% from 4.6% after a temporary federal fuel tax cut. Trimmed mean core inflation rose to 3.4% year-on-year, the highest since late 2024, and markets cut the odds of an August RBA hike.
Higher energy-driven inflation keeps Australian rates elevated, which tends to support the AUD and modestly weigh on US dollar-priced commodity demand; the effect on feed prices is indirect.
marketscreener.comReutersMay 27, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
