AUSTRALIAN MONTHLY CPI COMES IN AT 3.4% YOY IN JANUARY VS. 3.5% EXPECTED

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Australia’s monthly Consumer Price Index (CPI) arrived at 3.4% in the year to January 2024, compared to the annual increase of 3.4% seen in December, the Australian Bureau of Statistics reported on Wednesday.

The market had expected an increase of 3.5% in the reported period.


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