Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The most recent announced value for Consumer Price Index (QoQ) was 1.3% against a forecast of 1.1%.
Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Inflation Expectations | Bullish change | 4.5% | 4.7% | ||
| Westpac Consumer Confidence | Bearish change | 12.8% | -9% | ||
| S&P Global Composite PMI | Bearish change | 52.6 | 51.1 | ||
| S&P Global Manufacturing PMI | Bullish change | 51.6 | 52.2 | ||
| S&P Global Services PMI | Bearish change | 52.8 | 51 |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Inflation |
| Frequency: | Quarterly |