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Inflation jumped once again in August, as the RBA weighs up whether to deliver yet another rate hike.
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The consumer price index climbed from 3.5 per cent in July to 4 per cent in August. Higher housing costs and elevated petrol prices are to blame.
The consumer price index climbed from 3.5 per cent in July to 4 per cent in August. Higher housing costs and elevated petrol prices are to blame.
The AUD/JPY cross remains under heavy selling pressure for the second consecutive day, falling to a six-month low during the Asian session on Wednesday following the release of Australian consumer inflation figures.
China's factory activity returned to growth in September as a deepening economic malaise prompts policymakers to ramp up stimulus steps and bolster growth.
