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Inflation hotter than expected means RBA rate hikes back on the cards | The Business | ABC NEWS
Inflation fell to 4 per cent in the year to May, but the measure the Reserve bank watches ticked up to 3.6 per cent. The Treasurer Jim Chalmers says the Iran war keeps pushing inflationhigher. "The trimmed mean measure reflects these broader price pressures we have identified for some time including in a budget, coming from and made worse by ...
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