At 03:30 (GMT+2), Australian data on the consumer price index for the second quarter of 2024 is due. 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 index may grow from 3.6% to 3.8% YoY and stay at 1.0% QoQ, while the weighted average indicator may stay at 4.0% YoY and fall from 1.0% to 0.9% QoQ.
