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Data from Australian Bureau of Statistics. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia CPI MoM held to 0.2% in April 2026
Australian Bureau of StatisticsMonthlyReleased May 2026
Australia CPI MoM held to 0.2% in April 2026, released May 2026. The print came in cooler than the 0.3% consensus, a softer print than forecasters anticipated. The print is running well below the 12-month average of 0.25%.
Latest Release
0.2
Actual
0.3
Consensus
0.2
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Bullish AUD | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Bullish AUD | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CPI MoM (Australia) was reported at 0.2% in May 2026. This missed the market consensus of 0.3% by 0.1%. The reading was unchanged from the previous release. Trailing 12-month context per ETL data through May 2026. This is classified as a medium-impact indicator released on a monthly basis.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with AUD/JPY, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
The next release is scheduled for June 24, 2026. Same-country events in the next 14 days include Interest Rate Decision (Jun 16) and RBA Rate Statement (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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CPI MoM - AU
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About CPI MoM — Australia
DEFINITION
Australia's CPI MoM for May rose 0.30%, matching estimates and slowing sharply from April's 0.80%. The moderation from April's elevated inflation rate signals easing price pressures after a brief spike. Market focus now shifts to upcoming RBA commentary for guidance on monetary policy adjustments. Updated 5/27/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 0.3 %, consensus 0.3 %. Prior reading (Mar 2026): 0.8 %. Before that (Feb 2026): 0.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print. Current dynamics are the primary tailwind in the projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.