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Consumer inflation in Australia rose in April, contrary to the expected decline. Year-on-year price gains totalled 3.6% vs. 3.5% previously, and average forecasts of a decline to 3.4%. The inflation rate reached a plateau late last year, falling to 3.4%, but has been ticking upward for the past two months. Prices have added ten months […]

The post Australia’s Inflation Ticking Up Despite Weak Retail Sales appeared first on Action Forex.

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