Australia Monthly CPI preview: Consensus matches previous reading
| Pair | Now | Since publish |
|---|---|---|
| AUDUSD | — | — |
Australia’s Monthly CPI Indicator year over year is scheduled for release on 2026-07-29 at 01:30 UTC. The market consensus anticipates a reading of 4.0%, which aligns with the previous figure of 4.0%. This release is rated as high impact and provides crucial insights into the nation’s inflationary pressures, a key factor closely monitored by the Reserve Bank of Australia for its monetary policy decisions.
Historically, this economic indicator has often led to notable volatility in AUD pairs. After past releases, AUDCAD has registered a median 1-hour move of 21 pips, with top-quarter movements exceeding 32 pips. AUDCHF has seen a median 1-hour move of 16 pips, with top-quarter releases moving 24+ pips. AUDJPY typically experiences a median 1-hour move of 20 pips, with top-quarter moves reaching 30+ pips. For AUDNZD, the median 1-hour move is 22 pips, and top-quarter releases have moved 36+ pips. AUDUSD has recorded a median 1-hour move of 17 pips, with top-quarter movements over 27 pips. Crosses such as EURAUD and GBPAUD also react significantly, with EURAUD showing a median 1-hour move of 38 pips and GBPAUD a median 45 pips. The direction reliability on AUDUSD has been 65%.
Recent prints show varied market reactions. In April 2026, an actual reading of 4.1% against a forecast of 4.5% resulted in a -7.3 pip 1-hour move for AUDUSD. The January 2026 release saw an actual of 3.6% versus a forecast of 3.5%, leading to a -0.6 pip AUDUSD move. In October 2025, the actual matched the forecast at 3.2%, after which AUDUSD moved +13 pips.