Australian inflation plunges to 3.2%, signaling RBA rate cut – The Times of India
Australian inflation has dipped to a three year low of 3.2 per cent, paving way for a much expected rate cut the following month, offering the government a boost ahead of a cost of living election.The Reserve Bank of Australia’s (RBA) preferred inflation measure, which excludes volatile price swings, dropped to an annual 3.2 per…