Breaking: Australia’s CPI inflation rises to 4.0% YoY in August, as expected

Australia’s Consumer Price Index (CPI) rose by 4.0% year-over-year (YoY) in August, compared to a 3.5% growth reported in July, the latest data published by the Australian Bureau of Statistics (ABS) showed on Wednesday.

Gold impact rationale

Rising inflation pressure strengthens demand for gold as an inflation hedge.

• Source: FXStreet news
• 2026-09-30
• inflation

Topics: gold news, gold price impact, inflation