Australia Consumer Price Index (CPI)
Deltafx Admin 15 January 2023The Australian Consumer Price Index (CPI) measures changes in the prices of goods and services from the perspective of consumers. This index is an important indicator for measuring changes in purchasing power and inflation.
A report of a value that is higher than expected should be considered positive/bullish for the AUD, while a report of a value that is lower than expected should be considered negative/bearish for the AUD.
The Australian Consumer Price Index was released at 12:30 p.m. on January 11 and came in at 7.3%, 0.1% above forecasts. It should also be noted that the value of the last period of this index was 6.9%.
After the release of this index, which was slightly above expectations, there was no significant change in the markets.
Do you like it?
