Australian inflation data due Wednesday, March 25, 2026. Preview.

Hawkish tilt. Near-term stability won’t deter the RBA, with rising energy-driven inflation risks reinforcing expectations for further tightening and supporting AUD at the margin. Westpac sees Australia CPI steady but flags energy-driven upside risks.In brief from their preview. Summary:February CPI seen at 0.1% m/m, 3.8% y/y (unchanged) Trimmed mean expected 0.3% m/m, 3.4% y/y Inflation momentum steady but… Westpac sees Australia CPI steady but flags energy-driven upside risks. . In brief from their preview. . Summary: . February CPI seen at 0. Westpac sees Australia CPI steady but flags energy-driven upside risks. In brief from their preview. Summary: February CPI seen at 0.1% m/m, 3.8% y/y (unchanged) Trimmed mean expected 0.3% m/m, 3.4% y/y Inflation momentum steady but still above target band February data pre-dates Middle East energy shock Fuel prices fell in February, masking underlying pressures Energy shock could lift CPI to ~4.6% y/y by June quarter Risks skewed to upside… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.