{"id":202617,"date":"2023-11-29T06:21:39","date_gmt":"2023-11-29T00:51:39","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=202617"},"modified":"2023-11-29T06:21:39","modified_gmt":"2023-11-29T00:51:39","slug":"australian-monthly-cpi-eases-to-4-9-yoy-in-october-vs-5-2-expected-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/australian-monthly-cpi-eases-to-4-9-yoy-in-october-vs-5-2-expected-crypto-news\/","title":{"rendered":"Australian Monthly CPI eases to 4.9% YoY in October vs. 5.2% expected &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>Australia\u2019s monthly Consumer\u00a0Price Index\u00a0(CPI) eased to 4.9% in the year to October 2023, as against the annual increase of 5.6% seen in September, the Australian Bureau of Statistics reported on Wednesday.<\/p>\n<p>The market had expected an increase of 5.2% in the reported period.<\/p>\n<h2 class=\"fxs_headline_medium\"><strong>Market reaction<\/strong><\/h2>\n<p>At the time of press,\u00a0the\u00a0AUD\/USD\u00a0pair was down 0.05% on the day at 0.6641.\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\"><strong>About Australian CPI<\/strong><\/h2>\n<p>The Monthly Consumer Price Index (CPI), released by the\u00a0Australian Bureau of Statistics\u00a0on a monthly basis, measures the changes in the price of a fixed basket of goods and services acquired by household consumers. The indicator was developed to provide inflation data at a higher frequency than the quarterly CPI. The YoY reading compares prices in the reference month to the same month a year earlier. A high reading is seen as bullish for the Australian Dollar (AUD), while a low reading is seen as bearish.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Australia\u2019s monthly Consumer\u00a0Price Index\u00a0(CPI) eased to 4.9% in the year to October 2023, as against the annual increase of 5.6% seen in September, the Australian Bureau of Statistics reported on Wednesday. The market had expected an increase of 5.2% in the reported period. Market reaction At the time of press,\u00a0the\u00a0AUD\/USD\u00a0pair was down 0.05% on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":105299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[691,201,248,251,246,842,257,255,250,333,252,247,253,249,256,254],"class_list":["post-202617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-australia","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cpi","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-macroeconomics","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=202617"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202617\/revisions"}],"predecessor-version":[{"id":202618,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202617\/revisions\/202618"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/105299"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=202617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=202617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=202617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}