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Back Fundamental analysis
Australia's monthly inflation report was outdated even before its release
Inflation in Australia fell by 0.1%
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Inflation in Australia fell by 0.1% in February to 3.7% y/y, surprising markets that had expected no change. However, the details of the report were already outdated, since they were gathered before the attack on Iran and the subsequent turmoil. Recent data suggest that the March figure may turn out higher than previously expected. According to the Australian Institute of Petroleum, prices for unleaded gasoline reached 2.38 Australian dollars per liter for the week ending March 22,
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Kuvat Raharjo,
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