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Australian Consumer Prices Decline For First Time Since 2009, Rate Cut Looms

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 27, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Australian consumer prices fell for the first time since 2009 last quarter, opening the door to a potential interest rate cut from the Reserve Bank of Australia as soon as next week. Headline inflation inched lower by 0.2% for the quarter amid falling petrol costs, leaving the annual increase at[​IMG]

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