Australia: Housing Group Numbers Disappoint Most in CPI

By Sophia Rodrigues

Published On 30 Oct 2019 , 07:13 AM

The most disappointing numbers in Australia Q3 CPI are the ones for housing group. Rent rose 0.4% y/y (and below 1.0% growth for 15 straight quarters) for third straight quarter, and now there's a risk it slows further in coming quarters.

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