Aussie CPI at 2.4% puts rate cuts into play
Australia's economy looks set for a soft landing which is welcome news for the Government facing a May poll.
Prices for electricity, automotive fuel and new houses were the main factors in falling inflation.
A larger than expected fall in Australia’s quarterly consumer price index has increased the chances of a cut in official interest rates before a federal election which must be held by May.
The Australian Bureau of Statistics today released inflation data for the December quarter which showed that
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