Australian Q1 inflation numbers have just been released with a q/q result of 0.1%, less than the forecast +0.5%, and +2.5% y/y, less than the forecast 2.8%. The RBA Trimmed Mean CPI came in at 1.0% q/q better than the forecast +0.7% and the RBA Weighted Median CPI came in at +1.2% q/q.
The AUD/USD seems to have jumped 20pts to 0.7073 after the announcement.
Updated economic data table reflecting this mornings economic data results.
