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Australia: July Monthly Inflation Softer Than Market Expectations
The July Monthly Indicator rose just 4.9%yr (0.3%mth) softer than market expectations but was clost to our 4.8%yr (0.2%mth) forecast. As it is close to our forecast it is unlikely to see us meaningfully revise our Q3 CPI forecast of 1.0%qtr. The Monthly CPI Indicator printed 0.3%mth/4.9%yr, very close to Westpac’s 0.2%mth/4.8%yr forecast but quite […] The post Australia: July Monthly Inflation Softer Than Market Expectations appeared first on Action Forex...
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Posted: Aug 30 2023, 06:12
Author Name: actionforex
Views: 110273