Australia’s monthly CPI unchanged 2.4%, core inflation edges higher

Australia’s monthly CPI held steady at 2.4% yoy in April, slightly above expectations of 2.3% yoy, marking the third consecutive month of unchanged headline inflation. However, underlying inflation measures moved higher, with CPI excluding volatile items and holiday travel rising to 2.8% yoy from 2.6% yoy. Trimmed mean CPI also tickd up from 2.7% yoy […]

The post Australia’s monthly CPI unchanged 2.4%, core inflation edges higher appeared first on Action Forex.