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Housing inflation haunts RBA

February 26, 2024 - 12:30 -- Admin

CBA economist, Stephen Wu, has released the bank’s preview of the January inflation indicator, scheduled for release on Wednesday by the Australian Bureau of Statistics (ABS). CBA forecasts that the ABS CPI Indicator will record a 3.5% rise in January, up slightly from 3.4% in December. Wu notes that “housing is expected to remain the

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