[ad_1]
Australia’s monthly CPI accelerated from 2.8% yoy to 3.0% yoy in August, above expectations of 2.8% yoy and the highest reading since July 2024. The rise was driven by housing (+4.5%), food and non-alcoholic beverages (+3.0%), and alcohol and tobacco (+6.0%). Core inflation showed stickier trends. CPI excluding volatile items and holiday travel rose from […]
The post Australia CPI surprises at 3.0% in August, RBA caution ahead appeared first on Action Forex.
[ad_2]
Source link
