Australia CPI dropped -1.9% qoq in Q2, biggest fall in 72 year of history

<p>Australia CPI plunged -1.9% qoq in Q2, slightly above expectation of -2.0% qoq. That’s still the largest quarterly fall in the 72 year history of the data. Annually, CPI turned negative to -0.3% yoy, down from Q1’s 2.2% yoy. It’s only the third time annual inflation turned negative since 1949. The previous times were in […]</p>
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