# Sticky Core CPI Caps AUD Gains, Clouds RBA Rate Cut Outlook - Babypips.com

> 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.

- Date: 2025-05-28 · published 2025-05-28T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/24954-sticky-core-cpi-caps-aud-gains-clouds-rba-rate-cut-outlook-babypips-com
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

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.

## Read by commodity

- AUDUSD: neutral

## Sources

- babypips.com: https://www.babypips.com/news/headline-sticky-core-cpi-caps-aud-gains-clouds-rba-rate-cut-outlook-2025-05-28

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