At 03:30 (GMT+2), Australian CPI data for the second quarter of 2022 will be released. It is the main indicator of inflation in the country, which determines the change in retail prices for a certain "basket" of goods and services: food, transport, utilities, healthcare, and has a significant impact on the authorities' decisions on monetary policy. The index is expected to fall from 2.1% to 1.8% QoQ and increase from 5.1% to 6.2% YoY, which could put pressure on the Australian currency.
