Category: Cooled
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Australia’s Inflation Cooled To Multi-month Lows But Remained Sticky High In July
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Data from the Australian Bureau of Statistics showed that inflation in Australia rose by 3.5% YoY in Julyslower than the 3.8% increase in June and the lowest since March but higher than the 3.4% rise markets had expected. One reason for the decline may be that the expanded Commonwealth Energy…