Australian CPI QQ (Q4) 0.6% vs Exp. 0.6% (Prev. 1.3%)

Australian CPI QQ (Q4) 0.6% vs Exp. 0.6% (Prev. 1.3%)

The Australian CPI for Q4 came in line with expectations at 0.6%, but this marks a significant slowdown from the prior quarter's 1.3%. This confirmation of soft inflation may suggest less pressure on the RBA to tighten monetary policy, potentially supporting risk assets and favoring a stable Australian dollar in the near term.