Australia inflation expectations are slowly, slowly chipping lower, still way above target ...Middle East

The Melbourne Institute Survey of Consumer Inflationary Expectations for Australia shows a drop to 4.4% in Septemberprior 4.5%The Reserve Bank of Australia target band is 2 to 3% for inflation. Expectations are well above official CPI rates (quarterly and monthly) This article was written by Eamonn Sheridan at www.forexlive.com.

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