Q3 Australia CPI Inflation Surprises To The Upside
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Australia’s headline CPI inflation accelerated to 7.3% y/y in Q3 from 6.1% y/y, the highest level since 1990. Housing, transportation and food led the year-on-year increase. Trimmed mean CPI, a less volatile measure of core inflation, also firmed from 4.9% y…
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