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Australia's headline inflation accelerated to 4.3%, driven by rising fuel and food prices, prompting expectations of another interest rate hike by the Reserve Bank next week.
Australian inflation cooled in August despite a 14.8% rise in automotive fuel prices driven by high global oil costs, reducing expectations for immediate Reserve Bank interest rate hikes.
South Africa's annual inflation slowed to 4.3% in July, reinforcing the Reserve Bank's stance to hold interest rates at 7%, while lower petrol prices reflected a retreat in crude oil costs amidst Midd
The Indian rupee stabilized above 96 per dollar following Reserve Bank intervention and lower crude oil prices, with Brent crude falling 1.5% amidst geopolitical tensions.
New Zealand's annual inflation accelerated to 4.1% in Q2, exceeding forecasts and driven by sharp rises in petrol and diesel prices. The Reserve Bank raised its cash rate to 2.50% and signaled further
Australian household spending surged 6.3% year-on-year in March, driven by gasoline price spikes linked to Middle East conflicts, complicating the Reserve Bank's monetary policy decisions. Despite bud
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