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Australian consumer prices rose 3.0% year on year in August, up from 2.8% in July and just above forecasts of 2.9%. The Australian dollar rose 0.3% to $0.6619 while bond futures fell as traders pared easing bets.
Stronger inflation reduces the chance of near-term RBA cuts, supporting the Aussie and slightly reducing pressure on Australian export pricing; the direct impact on feed commodities is minimal.
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.