Consumer Price Index. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2) in Australia, second quarter data on the Consumer Price Index will be published, which is a key indicator of inflation in the country, reflecting changes in retail prices for a certain basket of goods and services (food, transport, utility costs, healthcare, etc.). It has a significant impact on monetary policy decisions. On an annual basis, the index is expected to adjust from 2.4% to 2.1%, and on a quarterly basis — from 0.9% to 0.8%, while the Trimmed Mean CPI is likely to settle in the area of 0.7%.

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