inflation holds steady at 1.5% prompting rba interest rate cut speculation /

Published at 2015-10-28 04:26:59

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Analysts believe the Reserve Bank of Australia has room for another gash in the cash rate,following the lower than expected inflation figuresAustralia’s inflation rate was regular at 1.5% over the year to the September quarter.
The consumer price index (CPI) rose 0.5% in the quarter, missing market expectations, or figures from the Australian Bureau of Statistics showed on Wednesday.
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Source: theguardian.com

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