Loading page content
Data from Australian Bureau of Statistics. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia CPI MoM climbed to 0.4% in May 2026
Australian Bureau of StatisticsMonthlyReleased June 2026
Australia CPI MoM climbed to 0.4% in May 2026, released June 2026, up 0.1% from April's 0.3% reading. The print came in hotter than the 0.3% consensus, a hotter print than forecasters anticipated. The print is running well above the 12-month average of 0.23%.
Latest Release
0.4
Actual
0.3
Consensus
0.3
Previous
Median Absolute Error
±0.1 percentage points
across last 3 releases
Last Call
Jun 2026
Predicted: 0.25
Actual: 0.4
Error: -0.15
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Moves with | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Moves with | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Moves with | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Moves with | → 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 0.4% in June 2026. This beat the market consensus of 0.3% by 0.1%. The reading rose from the previous value of 0.3%. Trailing 12-month context per ETL data through June 2026.
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
Same-country events in the next 14 days include CFTC AUD speculative net positions (Sep 18) and RBA Hunter Speech (Sep 21).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
CPI MoM - AU
Loading chart data...
About CPI MoM — Australia
DEFINITION
Australia's CPI MoM rose 0.400000% in June, beating the 0.300000% estimate. This marks an increase from May's 0.300000%, indicating a modest acceleration in monthly inflation. The stronger reading may influence the Reserve Bank of Australia's policy outlook ahead of upcoming economic data. Updated 6/25/26
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 (May 2026): actual 0.4 %, consensus 0.3 %. Prior reading (Apr 2026): 0.3 %. Before that (Mar 2026): 0.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - AU Events
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:00 | AU | Westpac Leading Index MoM | 0 | 0.2 | 0.25 | Low | |
| 01:00 | AU | Leading Index MoM | 0 | 0.2 | 0.20 | Low | |