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Australia's first-quarter CPI rose 0.3% quarter on quarter, lifting annual inflation to 2.2%, the highest since 2014 and above forecasts. Analysts expect the gain to be temporary as lockdowns and collapsing energy prices weigh on second-quarter prices.
Inflation data affects expectations for RBA policy and the AUD, while the expected energy-driven price fall signals weaker domestic demand and currency pressure.
cnbc.comReutersApr 29, 2020Not 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.
