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Australian CPI eases more than expected to 4.9% in July

Australia’s monthly CPI for July registered a deeper than expected slowdown, easing from 5.4% yoy to 4.9% yoy. Analysts had forecasted a milder decline to 5.2% yoy. The underlying inflation measures also indicated a deceleration. CPI excluding volatile items such as holiday travel came in at 5.8% yoy, down from 6.1% yoy. The trimmed mean […] The post Australian CPI eases more than expected to 4.9% in July appeared first on Action Forex... Read More

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Posted: Aug 30 2023, 03:17

Author Name: actionforex

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