• Australian inflation gauge rose more than expected

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16 enero 2017

Australian inflation gauge rose more than expected

In December, inflation data from TD Securities, published by the Faculty of Economics and Commerce at the University of Melbourne, have increased by 0.5% after rising 0.1% in November. In annual terms, the indicator rose to 1.8%, which is higher than the previous value of 1.5%.

Target inflation rate of the Reserve Bank of Australia is 2-3%, and judging by today's data, the central bank is likely to postpone an interest rate cut for some time

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