Australia’s monthly CPI inflation rises to 3.5% y-o-y in July, versus 3.4% expected

VaselineAugust 28, 2024

0 1 minute read

Australia’s monthly CPI inflation rises to 3.5% y-o-y in July, versus 3.4% expected

Australia’s monthly consumer price index (CPI) rose 3.5% in the year to July, compared with a 3.8% increase seen in June, according to data released by the Australian Bureau of Statistics (ABS) on Wednesday.

The market forecast was for growth of 3.4% in the reported period.

Market reaction to monthly CPI inflation in Australia

At the time of writing, the AUD/USD pair is trading 0.10% lower on the day to trade at 0.6785.

Australian dollar price today

The table below shows the percentage change of the Australian Dollar (AUD) against the major listed currencies today. The Australian dollar was weakest against the New Zealand dollar.

	USD	EURO	GBP	CAD	AUD	JPY	NZD	CHF
USD		0.01%	0.01%	0.00%	0.03%	0.15%	-0.04%	0.06%
EURO	-0.01%		0.00%	-0.01%	0.01%	0.17%	-0.06%	0.06%
GBP	-0.02%	-0.01%		-0.03%	0.01%	0.15%	-0.06%	0.05%
CAD	0.01%	0.01%	0.01%		0.03%	0.16%	-0.05%	0.06%
AUD	-0.01%	-0.01%	-0.01%	-0.03%		0.14%	-0.07%	0.04%
JPY	-0.16%	-0.16%	-0.17%	-0.17%	-0.14%		-0.21%	-9912.05%
NZD	0.04%	0.06%	0.05%	0.04%	0.07%	0.23%		0.11%
CHF	-0.07%	-0.06%	-0.06%	-0.06%	-0.04%	0.10%	-0.11%

The heatmap shows the percentage changes of major currencies against each other. The base currency is chosen from the left column, while the quoted currency is chosen from the top row. For example, if you choose Euro in the left column and move along the horizontal line to Japanese Yen, the percentage change shown in the box will be EUR (base)/JPY (quote).

VaselineAugust 28, 2024

0 1 minute read

Market reaction to monthly CPI inflation in Australia

Australian dollar price today

Vaseline

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