Key Points
- Headline CPI jumped by 1.1% in the month of March, lifting the annual increase to 4.6%.
- Australian business and consumer confidence are falling.
Australia’s headline consumer price index jumped by 1.1% in March 2026. Automotive fuel was the main contributor, rising 32.8 percent in March, the strongest monthly increase since the series began in 2017. The annual CPI increase lifted to 4.6%, below the expected 4.7%, but March is too early for pass-through effects to be felt in other sectors of the economy.
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Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.