Australian inflation data due today is likely to show a solid rise ...Middle East

Australian February monthly CPI data is due today. A couple of snippet previews:Westpac is forecasting 3.8% y/y:The Monthly CPI Indicator is anticipated to rise in February, reflecting increased gasoline prices and a potential Taylor Swift effect on travel and accommodation costs Commonwealth Bank of Australia also:We expect inflation rose to 3.8%/yr as the data incorporates the annual increase in education costs, an end to some seasonal goods discounting, and an unwinding of some electricity rebates.---The monthly CPI data from Australia does not show all components of the CPI, that'll have to wait for the quarterly data release.The monthly CPI indicator does, however, provide a tim

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