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Australian consumer prices rose 1.4% in Q1 as Middle East war energy costs pushed up prices, with annual CPI at 4.1% and March alone up 4.6%. The trimmed mean core measure rose 0.8%, just under forecasts but still above the RBA target band.
Persistent inflation raises the likelihood of RBA tightening, which can strengthen the AUD and add to borrowing costs for Australian feed and livestock operators.
Not 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.