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Australia Inflation Rebounds; Retail Sales Rise Most In 10 Months

Por: RTTNews Business January 11, 2023

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Australia's inflation accelerated in November on higher housing and food prices and retail sales posted its biggest growth in ten months, official data revealed Wednesday. The monthly consumer price index indicator advanced to 7.3 percent in November from 6.9 percent in October, the Australian Bureau of Statistics reported. The annual growth was driven by the 9.6 percent rise in housing and 9.4 percent increase in food and non-alcoholic... + full article



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