Treasurer Jim Chalmers attempts to downplay rising inflation
Consumer Price Index Information Illustration Source: iStockphoto / kody king/Getty Images
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Inflation in Australia remains stubbornly above the target range set by the Reserve Bank, although there are signs of a clear downward trend. The latest inflation data will be carefully considered by the Reserve Bank board in its decision on whether to lift interest rates next week [[5-6 August]].
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