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Australia's Q1 CPI rose 1.0% quarter on quarter, above the 0.8% consensus, while annual inflation eased to 3.6%. Goods inflation slowed further, and services inflation eased to 4.3%.
A hotter-than-expected inflation print delays RBA easing, supporting the Australian dollar and tightening financial conditions, with no direct feed commodity impact.
fxstreet.comFXStreet TeamApr 24, 2024Not 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.
