Australia’s monthly CPI inflation steadies at 2.5% YoY in January vs. 2.6% expected

Australia’s monthly Consumer Price Index (CPI) rose by 2.5% in the year to January, compared to a 2.5% increase seen in December, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.
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Australian Dollar holds losses following monthly CPI

The Australian Dollar (AUD) remains subdued against the US Dollar (USD) for the fourth consecutive day on Wednesday.
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