Australia CPI Jumps to 4.6% as Fuel Surge Drives Headline Higher, Core Inflation Steady

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Australia’s inflation accelerated sharply in March, with headline CPI rising from 3.7% yoy to 4.6% yoy, the highest since September 2023, though slightly below expectations of 4.8% yoy. The surge was largely driven by energy costs. The breakdown shows a clear divergence between goods and services. Goods inflation jumped from 3.5% yoy to 5.5% yoy, […]The post Australia CPI Jumps to 4.6% as Fuel Surge Drives Headline Higher, Core Inflation Steady appeared first on ActionForex.