At 03:30 (GMT+2), Australian data on the consumer price index will be released. It is the main indicator of inflation in the country and determines the change in retail prices for a certain “basket” of goods and services: food, transport, utilities, healthcare, and so on. It has a significant impact on monetary policy decisions. The value is expected to decline from 6.8% to 6.1% YoY. Implementation of the forecast may support the Australian dollar.
