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Economic Buzz: Australia inflation rises again ahead of key RBA meeting
01-Dec-2025 14:46
Australia's Monthly Inflation Gauge rose 0.3% in November, extending its third straight monthly increase and matching October's pace. The data arrives just days before the RBA's policy meeting, where the bank is expected to maintain its cautious stance after holding the cash rate at 3.6% last month. While inflation has cooled sharply from its 2022 highs, annual prices still remain above target, with October inflation at 3.8% and the trimmed mean at 3.3%. The RBA expects underlying inflation to stay above 3% in the near term, before easing toward 2.6% by 2027, and signals one more rate cut in 2026.

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