Monthly inflation print ‘concerning’ for RBA: HSBC’s Bloxham
Earlier this week, the first complete monthly print of CPI showed headline inflation rose by 3.8 per cent in October from 3.6 per cent in the previous month, higher than economists had predicted. Trimmed mean inflation rose from 3.2 per cent year-on-year in September to 3.3 per cent year-on-year in October. While welcoming the move to more timely monthly reports – rather than partial monthly...
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