Australia monthly CPI jumps 1.1% in March, annual rate eases to 4.6% vs 4.8% est.
Australian consumer prices surged 1.1% month-on-month in March after remaining flat in February, while the annual inflation rate eased to 4.6%, below the 4.8% forecast. The trimmed mean measure rose 0.3% on the month and 3.3% year-on-year.
What happened
Australian consumer prices surged 1.1% month-on-month in March after remaining flat in February, while the annual inflation rate eased to 4.6%, below the 4.8% forecast. The trimmed mean measure rose 0.3% on the month and 3.3% year-on-year.
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