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Australia’s Inflation Slowed but Is Still Faster Than Expected in Q1 2024

Consumer prices in Australia rose by 3.6% from a year ago in Q1 2024, which is slower than Q4 2023’s 4.1% increase but still faster than the 3.4% uptick that the markets had expected. It also marked the fifth consecutive quarter of lower annual inflation since the 7.8% reading in December 2022. A closely watched […]

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