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Aussie inflation smashes expectations

January 25, 2022 - 11:44 -- Admin

The ABS has just released CPI data for the December quarter, with headline inflation rising by 1.3% over the quarter and by 3.5% year-on-year: The result surprised on the upside, beating analysts’ expectations of a 1.0% quarterly rise and 3.0% inflation over the year. Of more importance, core (underlying) inflation rose by 1.0% over the

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