Australia CPI surges to 3.8% in October, goods and services prices accelerate

Australia’s CPI accelerated more than expected in October, rising from 3.5% yoy to 3.8%, beating expectations of 3.6%. Underlying pressure also firmed, with trimmed mean CPI moving up from 3.2% to 3.3%. Both goods and services inflation picked up, with annual goods inflation at 3.8% (up from 3.7%) and services inflation at 3.9% (up from […]

The post Australia CPI surges to 3.8% in October, goods and services prices accelerate appeared first on Action Forex.