Australian private survey monthly inflation accelerates sharply in July, hit 19-month high ...Middle East

Trimmed mean Australian +0.8% m/m in July, also the the most in 19 months

2.6% y/y

At the margin this pushes back on Reserve Bank of Australia rate cut expectations. This data is not as widely regarded as the other inflation data though.

This article was written by Eamonn Sheridan at investinglive.com.

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