
1.9 per cent CPI drop the biggest in 72 years
The prices paid on consumer goods dropped by 1.9 per cent in the June quarter – the largest fall in the 72-year history of the Consumer Price Index.
The prices paid on consumer goods dropped by 1.9 per cent in the June quarter – the largest fall in the 72-year history of the Consumer Price Index.
Australia’s inflation should remain soft in the December quarter, but that’s unlikely to sway the Reserve Bank to cut interest rates.
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