AUDUSD Update: Australia’s headline CPI fell to 1.3% y/y
Australia Inflation data released early in the morning. Australia’s headline CPI fell to 1.3% y/y in Q1, matching the lowest since Q3 2016, led by lower prices for petrol, travel and accommodation.
This was the third consecutive quarter where price gains have been below the RBA’s 2-3% target range. The RBA’s trimmed mean CPI rose 1.6% y/y, slipping from +1.8% in Q4.
Buy and Sell Levels as described on the chart
This was the third consecutive quarter where price gains have been below the RBA’s 2-3% target range. The RBA’s trimmed mean CPI rose 1.6% y/y, slipping from +1.8% in Q4.
Buy and Sell Levels as described on the chart
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