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* Q1 CPI jumps 5.1% y/y vs forecast +4.6%
* Trimmed mean up 3.7% y/y vs forecast +3.4%
* Market narrows odds on RBA rate hike at May 3 meeting (Updates with ANZ Bank, Commonwealth Bank on rate rise timing)
By Wayne Cole
SYDNEY, April 27 (Reuters) - Australian consumer prices surged at the fastest annual pace in two decades last quarter as petrol, home building and food costs all climbed, fueling speculation interest rates could rise from record lows as soon as next week.
That would be unwel...
>>> Read more: UPDATE 2-Australian inflation hits 20-yr high, May rate rise seen in play
* Trimmed mean up 3.7% y/y vs forecast +3.4%
* Market narrows odds on RBA rate hike at May 3 meeting (Updates with ANZ Bank, Commonwealth Bank on rate rise timing)
By Wayne Cole
SYDNEY, April 27 (Reuters) - Australian consumer prices surged at the fastest annual pace in two decades last quarter as petrol, home building and food costs all climbed, fueling speculation interest rates could rise from record lows as soon as next week.
That would be unwel...
>>> Read more: UPDATE 2-Australian inflation hits 20-yr high, May rate rise seen in play
