Inflation data far higher than expected in blow for homeowners | 9 News Australia
The inflation figures are in, and it’s not great news. While headline CPI has eased from 3.8 to 3.5 per cent, that’s significantly higher than the 3.2 per cent economists had expected. The underlying trimmed mean figure is also higher than forecast, staying steady at 3.6 per cent. Both numbers remain well outside the RBA’s 2-3 per cent target. | Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9 | Get more breaking news at nine.com.au
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