Australia CPI slowest in four years in Q2, headline CPI at 0.7% Q/Q and 2.1% Y/Y

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Australia's consumer prices rose at the slowest pace in over four years in Q2, with headline CPI at 0.7% Q/Q and 2.1% Y/Y, and core inflation easing to a three-year low of 2.7% Y/Y—both below forecasts and within the RBA’s 2–3% target range.

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