Consumer prices in Australia grew more than expected

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Source: Forexpros
© Scanpix/Reuters
The Australian Bureau of Statistics reported on Wednesday that consumer price inflation increased more than expected in the quarter prior to October 2012. The cost of living in Australia added 1.4%, whereas preceding quarter's inflation was only 0.5%. Analysts, however, expected that the index would increase to 1.1%.
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Wed, 24 Oct 2012 15:47:44 GMT

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