CM – Inflation below expectations will keep the reserve bank under pressure to reduce its impetus again

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According to ABS data, prices rose by an average of just 1.1 percent last year.

The official measure for consumer prices is less than expected with an inflation rate of 0.6 percent in the three months to March The ABS data shows that prices have risen by an average of only 1.1 percent over the past year.

We recognize the Aboriginal people and the Torres Strait Islanders as the first Australians and traditional administrators of the countries in which we live, learn and work.

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