Australia employment surge defies bank forecasts
Australia added 40,300 jobs in May, pushing unemployment to 4.4%. ForexCFD.top analyzes how this beats bank forecasts and impacts RBA policy.
Australia added 40,300 jobs in May, pushing unemployment to 4.4%. ForexCFD.top analyzes how this beats bank forecasts and impacts RBA policy.
Headline CPI fell to 4.0%, below the 4.3% forecast, signaling mechanical relief that keeps the RBA cash rate steady through 2026.
Australia's headline CPI fell to 4.0% in May, but the trimmed mean accelerated to 3.6%, signaling persistent pressure for the RBA.