CPI Q/Q

/CPI Q/Q

july, 2019

31jul1:30 am1:30 amCPI Q/QIMPACT: AUDUSD & AUD CROSSES1:30 am - 1:30 am UTC Event Type :High Impact Time has ran out! Better luck next time!

Event Details

What is this event?

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

Measures

Change in the price of goods and services purchased by consumers.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for the currency.

Frequency of event

Released quarterly, about 25 days after the quarter ends.

Source of Data

Australian Bureau of Statistics (latest release)

Time

(Wednesday) 1:30 am - 1:30 am

Australia - Flag - Economic Data

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