Australian consumer prices rose at the annual pace of 7.3% y/y – above the 7% forecast and up from 6.1% in Q2. The RBA’s preferred measures of inflation also came in hotter than expected, with Trimmed mean rising 6.1% y/y (5.6% expected) and weighed mean at 5% y/y (4.8% expected). The newly released monthly y/y […]
The post Australian Inflation is the Latest ‘Hot Beat’ on the Dancefloor appeared first on Action Forex.