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Australian data: Melbourne Institute Consumer Inflation Expectations 4.8% (prior 4.6%)

Australian data: Melbourne Institute Consumer Inflation Expectations 4.8% (prior 4.6%)

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By Eamonn Sheridan
12/10/2023 | 00:07 GMT

Melbourne Institute Survey of Consumer Inflationary Expectations for October 2023 comes in at 4.8% vs the September number at 4.6%.

Petrol prices rocketed higher, which will have played on consumer expectations of what is ahead.

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