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Australian Treasurer Chalmers says inflation is moderating but persistent

Australian Treasurer Chalmers says inflation is moderating overall, it is proving to be more persistent here in Australia.He's half right. In the data released earlier all three measures of inflation were above expectation an above the prior reading. Australian Q3 2023 Headline CPI +1.2% q/q (vs. 1.1% expected)So its not moderating. But yeah, it is persistent. Half marks for Mr. C. More:Australia - market is rapidly pricing in a November rate hike after surging inflation data Th... Read More

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Content Topics

Australian

Treasurer

Chalmers

Says

Inflation

Moderating

Persistent

Forex

Posted: Oct 25 2023, 01:37

Author Name: forexlive

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