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Australian MI Inflation Gauge YY (Jan) 3.6% (Prev. 3.5%)

Newsquawk Staff ·

Australian MI Inflation Gauge YY (Jan) 3.6% (Prev. 3.5%)

What it means

The Australian MI Inflation Gauge shows a year-on-year increase of 3.6% in January, slightly up from the previous 3.5%. This modest increase suggests persistent inflationary pressure, which could have implications for monetary policy and interest rate expectations in Australia. Traders should consider how this aligns with the Reserve Bank of Australia's current stance and potential future actions.

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