At 03:30 (GMT+2) in Australia, Q1 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.). If it rises from 0.6% on a quarterly basis, and the weighted average index increases from 0.9%, this will likely influence the rhetoric of financial authorities regarding monetary policy adjustments.
