
At 02:30 (GMT+2), Australian Q4 consumer price index data will be published. It is the main indicator of inflation in the country and determines changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, and so on. It has a significant influence on monetary policy decisions. The index is expected to fall from 5.4% to 4.3% YoY and from 1.2% to 0.8% QoQ.

