Australian inflation rises dashing rate cut hopes | 7NEWS

Описание: Australian inflation has risen to 3% in the 12 months to August, up from 2.8% in July, driven by surging electricity bills increasing 24% annually as government rebates expire. The Reserve Bank board is expected to keep the official cash rate on hold at 3.6% when they meet next week, with economists still predicting gradual rate cuts over the coming year.

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