Australia’s April CPI rises to 3.6%, driven by housing and food costs

Australia monthly CPI rose form 3.5% yoy to 3.6% yoy in April, exceeding the expectation of 3.4%. This marks the second consecutive month of rising inflation. CPI excluding volatile items and holiday travel remained steady at 4.1% yoy, while the trimmed mean CPI also edged up from 4.0% yoy to 4.1% yoy. Significant price increases […]

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