Australia CPI rises to 4.3% y/y, above the 4.2% forecast
Australian inflation data released at 00:30 GMT came in slightly above expectations, with the Australian dollar edging higher in the 30 minutes that followed.
Australia's consumer price index rose 0.8% month-on-month, above the 0.7% consensus and up from 0.4% prior. On an annual basis, CPI came in at 4.3%, versus a forecast of 4.2% and a prior reading of 4.0%.
The Trimmed Mean CPI, a measure of underlying inflation, rose 0.3% month-on-month, in line with the 0.3% consensus and up from 0.2% prior. On an annual basis the trimmed mean was 3.6%, up from a revised 3.5% in August.
AUD/USD rose from 0.7040 just before the release to 0.7044 by 00:59 GMT, a gain of 4 pips (+0.06%), with the pair trading in a range of 0.7043 to 0.7054 during the 30 minutes that followed. EUR/USD slipped 4 pips to 1.1128, GBP/USD fell 5 pips to 1.3305, and USD/JPY dropped 5 pips to 157.84 over the same window.
Gold futures edged up 0.01% to 4076.10, trading between 4073.10 and 4080.10. S&P 500 E-mini futures rose 0.07% to 7762.25, with a range of 7755.75 to 7764.50 in the 30 minutes after the release.
Inflation readings like this feed directly into expectations for the Reserve Bank of Australia's interest rate path, which in turn can move the Australian dollar and broader risk sentiment across currency, equity and commodity markets.
Moves: last price before the release to the price 30 minutes later, from 1-minute data (Yahoo Finance); S&P 500 = E-mini futures, gold = COMEX futures. Source: ABS, Consumer Price Index, Australia, September 2026