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Australia inflation cools, confidence of ‘soft landing’ grows

By Inquirer - 10 months ago
SYDNEY — Inflation in Australia has slowed to its lowest rate in three years, the country’s official statistics agency said Wednesday, raising hopes of a “soft landing” for the nation’s economy. The Australian Bureau of Statistics said the latest consumers price index, or CPI, fell to 4.1 percent, down from 5.4 percent in September. The

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