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Australia CPI slows to 5.4% yoy in Q3, but rises to 5.6% yoy in Sep

Australia’s CPI for Q3 registered a 1.2% qoq rise, exceeding expectation of 1.1% qoq and marking an acceleration from the previous quarter’s 0.8% qoq. Notably, some of the most pronounced price hikes were observed in automotive fuel (+7.2%), rents (+2.2%), new dwelling purchases by owner-occupiers (+1.3%), and electricity (+4.2%). Over the twelve months, inflation saw […] The post Australia CPI slows to 5.4% yoy in Q3, but rises to 5.6% yoy in Sep appeared first on Action Forex... Read More

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Posted: Oct 25 2023, 01:18

Author Name: actionforex

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