Inflation increases to 3.8 percent, making Reserve Bank of Australia interest rate rise likely on February 3 – Bundlezy

Inflation increases to 3.8 percent, making Reserve Bank of Australia interest rate rise likely on February 3

Inflation is even further above the Reserve Bank of Australia’s 2-3 per cent target, accelerating to an annual pace of 3.8 per cent at the end of last year.

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