# Australia consumer inflation slows in April, core creeps higher | MarketScreener

> 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.

- Date: 2026-05-27 · published 2026-05-27T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/19502-australia-consumer-inflation-slows-in-april-core-creeps-higher-marketscreener
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

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.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- marketscreener.com: https://www.marketscreener.com/news/australia-consumer-inflation-slows-in-april-core-creeps-higher-ce7f5ad2dc80f527

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.