Country Focus
Hotter CPI Reinforces RBA’s Slow Approach To Easing
Australian September and Q3 inflation surprised to the upside, reinforcing the RBA’s cautious stance on easing. Headline CPI rose to 3.5% y/y from 3.0%, above the RBA’s 2–3% target range, while trimmed mean CPI increased to 2.8% from 2.6%. The September data…
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