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Australian Inflation Remains High in July, Increasing Rate Hike Risk
Australia's inflation rate in July slowed less than expected, indicating persistent price pressures and increasing the likelihood of further interest rate hikes by the Reserve Bank of Australia. The data presented a 'nasty shock' to economic forecasts.
26 Aug, 02:23 — 26 Aug, 02:43
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
sydney-morning-herald
Center1
Center (1)
investing-com
Right
Far R
Geographic diversity— 2 regions9/34
US1Australia1
ℹOnly 2 sources cover this story
Sources
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sydney-morning-heraldMostly Factual1h ago
Nasty shock in new inflation data
Fresh inflation figures have come in higher than economists had expected in a potential blow for borrowers.
Read full article →investing-com1h ago
Australia inflation runs hot in July, adding to rate hike risk
By Reuters
Read full article →Coverage Timeline
First report: sydney-morning-herald · 26 Aug, 02:23|Full coverage: 2 · 20m|Window: 20m
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