A private gauge of Australian inflation was unchanged in August, after a seasonal spike the previous month. Annually the pace of inflation came in at +1.7%, which was slower than the +1.9% in July, to stay below the RBA’s long term target of 2-3%.
A private gauge of Australian inflation was unchanged in August, after a seasonal spike the previous month. Annually the pace of inflation came in at +1.7%, which was slower than the +1.9% in July, to stay below the RBA’s long term target of 2-3%.
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