PPI (AUD) – 30/10

What is it? It checks the change in the price of finished goods and services sold by producers.

It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer.

Usual Effect If the number is higher than the forecast, you can expect the AUD to rise.

When? October 30th at 8:30pm Eastern Time.

 

Trading Tip: This announcement can greatly affect the AUD, make sure to make your trades before.

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