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Australia's April CPI rose 2.4% year over year, slightly above the 2.3% expected, and the RBA's preferred trimmed mean core measure edged up to 2.8%. Food prices rose 3.1% and egg prices jumped 18.6% as bird flu affected supply.
Sticky core inflation reduces the chance of further RBA cuts, which limits AUD gains. Higher Australian egg prices reflect bird flu pressure on poultry supply.
babypips.comPippoMay 28, 2025Not 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.
