Consumer Price Index (YoY) (Q2) The Consumer Price Index - TopicsExpress



          

Consumer Price Index (YoY) (Q2) The Consumer Price Index released by the RBA and republished by the Australian Bureau of Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services . The purchase power of AUD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or Bearish). Read more: masterforex/En/analytics/fxstreet/?aid=396289
Posted on: Wed, 23 Jul 2014 07:08:06 +0000

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