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Australia’s Inflation Continued to Accelerate in September

Australia’s consumer inflation remained elevated in September, supporting expectations that the Reserve Bank of Australia may tighten policy further next week.

AUIRYY

By James GlynnSYDNEY--Australia's consumer inflation remained elevated in September, backing the case for the central bank to tighten policy further next week.The latest reading affirms the Reserve Bank of Australia's fear that price pressures have become materially worse and clears the path for it…