Australia monthly inflation gauge for January: +0.4% % m/m vs 0.2% priorThe y/y comes in at 3.0% (prior 2.8%)
Inflation is more subdued in Australia and that helps to explain the recent struggles of the Australian dollar but if global prices keep rising, it's only a matter of time before it his Australia as well.
Source: Australia monthly inflation gauge for January: +0.4% % m/m vs 0.2% prior (https://www.forexlive.com/news/australia-monthly-inflation-gauge-for-january-04-mm-vs-02-prior-20220131/)
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