Australian Inflation Fell… But Just ‘Weight’ a Minute

Australian inflation ‘only’ rose 6.9% y/y, down from a peak of 7.4% and lower than the 7.5% expected Housing (10.5%), food and non-alcoholic beverages (8.9%) and transport (7.4%) were the most significant contributors CPI rose 0.2% m/m, below its long-term average of 2.5% The RBA will be happy to hear that inflation was much lower […]

The post Australian Inflation Fell… But Just ‘Weight’ a Minute appeared first on Action Forex.