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Inflation figures support rate rise
- January 28, 2010
- Posted by: admin
- Category: Finance News
No CommentsThe latest inflation figures have increased the possibility of a fourth consecutive interest rate rise. While headline inflation slowed last quarter to just 0.5 per cent, the Reserve Bank of Australia’s preferred measure of underlying inflation hit almost 0.7 per cent to reach an annual rate of 3.4 per cent – well above the central