Country Focus
Price Pressures Will Keep The RBA On A Tightening Path, For Now
Australia’s headline CPI inflation accelerated from 5.1% y/y to 6.1% y/y in Q2. Similarly, trimmed mean inflation, a less volatile core measure, rose to a record high of 4.9% y/y from 3.7% in the previous quarter. Rising construction costs for new…
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