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Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, ...
This was higher than the Reuters expectations of a 2.3% climb, and unchanged than the 2.4% rise in the last quarter of 2024.
Australia Treasurer Jim Chalmers said the market was justified to expect more interest rate cuts after annual core inflation ...
SYDNEY (Reuters) -Australian consumer prices rose slightly more than expected in the first quarter, but annual core inflation ...
The AUD/USD pair was trading at 0.6410, much higher than the year-to-date low of 0.5918. What next for the Australian dollar?
Australians vote Saturday in general elections being dominated by the soaring cost of living, the economy, energy and China.
At 2.4% year-on-year, Australia’s headline inflation rate in the first quarter was in line with our expectations and remained unchanged compared to the last quarter. Inflation readings across ...
Australia’s S&P/ASX 200 is on track to open higher ahead of the release of inflation data that economists expect will support a central-bank interest-rate cut next month.
Australia's first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low. This was higher than the Reuters expectations of a 2.3% climb, and unchanged from ...
But even more telling was the underlying inflation figures, or the trimmed mean inflation, which was the lowest rate since December 2021, falling to 2.9%. Easing inflationary pressures are another ...
John Hawkins was previously a senior economist in the Reserve Bank. Stephen Bartos does not work for, consult, own shares in or receive funding from any company or organization that would benefit ...
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