The oil price is an important indicator of the economy. Oil is the most used resource in the world; many wars have raged over black gold. The cost of crude oil is closely monitored by everyone –
<p>Australian inflation data. This is the monthly data, not the official quarterly data. </p><p>Comes in at 4.3% y/y</p><ul><li>expected 4.4%, prior 4.9%</li>
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