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Australian RBA Trimmed Mean CPI YoY (Nov) Y/Y vs. Exp. 3.1% (Prev. 3.3% )

Newsquawk Staff · Newswires ·

Australian RBA Trimmed Mean CPI YoY (Nov) Y/Y vs. Exp. 3.1% (Prev. 3.3% )

What it means

The RBA's Trimmed Mean CPI for November came in at 3.1%, slightly lower than the previous 3.3% and below expectations. This dip could indicate easing inflationary pressures in Australia, which may influence the RBA's future rate decisions and market sentiment towards fixed income assets.

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