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CNBC Australia consumer prices mark fifth straight quarter of...

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    CNBC

    Australia consumer prices mark fifth straight quarter of cooling

    Australia’s consumer price index marked its fifth straight quarter of slowing inflation, data showed on Wednesday.

    First-quarter CPI rose 3.6% from a year ago, clocking the smallest increase since the fourth quarter of 2021.

    The reading was still slightly above a 3.5% increase expected by a Reuters poll.

 
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