AUD/JPY rises to near 101.30 as Australian CPI grows faster than expected by 3.8%

AUD/JPY jumps to around 101.30 after the release of Australian Consumer Price Index (CPI) data for October. The Australian Bureau of Statistics (ABS) reported that inflationary pressures rose to 3.8% year-on-year, faster than the forecast of 3.6% and the previous version of 3.5%.

Australian dollar price today

The table below shows the percentage change in the Australian Dollar (AUD) against the major currencies listed today. The Australian dollar was the strongest against the Japanese yen.

US dollars euro GBP JPY Canadian Australian dollar New Zealand dollar Swiss franc
US dollars -0.01% -0.02% 0.08% -0.01% -0.20% -0.16% 0.04%
euro 0.01% -0.00% 0.09% 0.00% -0.18% -0.11% 0.05%
GBP 0.02% 0.00% 0.10% 0.00% -0.18% -0.11% 0.06%
JPY -0.08% -0.09% -0.10% -0.09% -0.27% -0.20% -0.03%
Canadian 0.00% -0.00% -0.01% 0.09% -0.20% -0.13% 0.05%
Australian dollar 0.20% 0.18% 0.18% 0.27% 0.20% 0.07% 0.24%
New Zealand dollar 0.16% 0.11% 0.11% 0.20% 0.13% -0.07% 0.17%
Swiss franc -0.04% -0.05% -0.06% 0.03% -0.05% -0.24% -0.17%

The heat map shows the percentage changes in major currencies versus each other. The base currency is chosen from the left column, while the counter currency is chosen from the top row. For example, if you select the Australian dollar from the left column and move along the horizontal line to the US dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

This is the fourth month in a row that inflation in the Australian region has grown faster than expected. The scenario of accelerating price pressures is expected to push policymakers at the Reserve Bank of Australia (RBA) to support keeping interest rates at current levels for a longer period.

At its monetary policy meeting earlier this month, the Reserve Bank of Australia kept the official interest rate steady at 3.6%, indicating that the outlook for housing and rental inflation could stabilize in the near term. Officials also stated that any interest rate cut at this stage may prevent inflation from falling.

Meanwhile, the Japanese Yen (JPY) has underperformed its peers over the past few trading sessions, even as Japanese officials warn of covert intervention. Takuji Aida, an advisor to Prime Minister Sanae Takaishi, said Japan has excessive foreign reserves, so it could actively exploit them for intervention (buying yen).

This week, the main catalyst for the Japanese yen will be Tokyo CPI data for November, which will be published on Friday. Economists expect Tokyo’s headline CPI to grow 2.7% year-on-year, slower than 2.8% in October. Signs of price pressures increasing at a moderate pace would dampen expectations of further interest rate hikes by the Bank of Japan (BoJ) in the near term.

Economic indicator

Consumer Price Index (annual)

Consumer Price Index (CPI) issued by Australian Bureau of Statistics On a monthly basis, it measures changes in the prices of a comprehensive basket of goods and services acquired by household consumers. The index is the primary measure of overall inflation after applying a new methodology to move from quarterly readings to monthly readings, applying it to data from April 2024 onwards. The annual reading compares prices in the reference month with the same month of the previous year. A high reading is considered bullish for the Australian Dollar (AUD), while a low reading is considered bearish.


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Latest version:
Wednesday 26 November 2025 at 00:30

repetition:
monthly

actual:
3.8%

consensus:
3.6%

former:
3.5%

source:

Australian Bureau of Statistics

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