The Australian monthly Consumer Price Index is foreseen stable at 2.1%.
Quarterly CPI inflation is expected to have modestly decreased in Q2.
The Reserve Bank of Australia kept the OCR at 3.85% at its May meeting.
The Australian Dollar is set to post lower lows vs its American rival.
Australia will release inflation updates on Wednesday, two weeks ahead of the Reserve Bank of Australia (RBA) monetary policy meeting, scheduled for August 11-12. The Australian Bureau of Statistics (ABS) will publish two different inflation gauges: the quarterly Consumer Price Index (CPI) for the second quarter of 2025 and the June Monthly CPI, which measures annual price pressures over the past 12 months. The quarterly report includes the RBA Trimmed Mean CPI, policymakers' favorite inflation gauge.
The RBA's Official Cash Rate (OCR) stands at 3.85% after policymakers delivered two 25-basis-point (bps) rate cuts throughout the first half of the year.
Ahead of the announcement, the Australian Dollar (AUD) trades at around the 0.6500 mark against its American rival.
Source: Fxstreet
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