Australia’s monthly CPI inflation rises to 3.5% YoY in July vs. 3.4% expected

Lallalit Srijandorn FXStreet

Australia’s monthly Consumer Price Index (CPI) jumped by 3.5% in the year to July, compared to a 3.8% increase seen in June, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.

The market forecast was for 3.4% growth in the reported period.

Market reaction to the Australia’s monthly CPI inflation

At the time of writing, the AUD/USD pair is trading 0.10% lower on the day to trade at 0.6785.

Australian Dollar price today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the New Zealand Dollar.

	USD	EUR	GBP	CAD	AUD	JPY	NZD	CHF
USD		0.01%	0.01%	0.00%	0.03%	0.15%	-0.04%	0.06%
EUR	-0.01%		0.00%	-0.01%	0.01%	0.17%	-0.06%	0.06%
GBP	-0.02%	-0.01%		-0.03%	0.01%	0.15%	-0.06%	0.05%
CAD	0.01%	0.01%	0.01%		0.03%	0.16%	-0.05%	0.06%
AUD	-0.01%	-0.01%	-0.01%	-0.03%		0.14%	-0.07%	0.04%
JPY	-0.16%	-0.16%	-0.17%	-0.17%	-0.14%		-0.21%	-9912.05%
NZD	0.04%	0.06%	0.05%	0.04%	0.07%	0.23%		0.11%
CHF	-0.07%	-0.06%	-0.06%	-0.06%	-0.04%	0.10%	-0.11%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

Author

Lallalit Srijandorn

FXStreet

Lallalit Srijandorn is a Parisian at heart. She has lived in France since 2019 and now becomes a digital entrepreneur based in Paris and Bangkok.

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