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Australia CPI jumped back to 6.8% yoy in Apr, ex-volatile items down to 6.5% yoy

Australia CPI jumped back to 6.8% yoy in Apr, ex-volatile items down to 6.5% yoy
Australia monthly CPI jumped from 6.3% yoy to 6.8% yoy in April, well above expectation of 6.4% yoy. Excluding volatile items of automotive fuel, fruit and vegetables and holiday travel, CPI slowed from 6.9% yoy to 6.5% yoy. Michelle Marquardt, ABS head of prices statistics, said: “It’s important to note that a significant contributor to […] The post Australia CPI jumped back to 6.8% yoy in Apr, ex-volatile items down to 6.5% yoy appeared first on Action Forex... Read More
Posted: May 31 2023, 05:50
Author Name: actionforex
Views: 102266

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