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Australia Core Inflation Remains Stuck in Slow Lane

Wednesday, 30 October 2019 07:47 WIB Inflasi Ekonomi Australia

Australia core inflation remained sluggish in the three months through September, underscoring the central bank’s challenge to reignite prices in the economy. The trimmed-mean gauge, a key core measure, gained 0.4% from the prior quarter and 1.6% from a year earlier, matching economists estimates. Headline inflation rose 0.5% in the third quarter from three months earlier and 1.7% from a year earlier, also meeting forecasts. Source : Bloomberg

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