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Underlying Inflation

A collection of 2 issues

Background to the RBA decision today at 2.30pm

The RBA meets tomorrow with underlying inflation at 3.6%, unemployment at 4.6% and financial markets expecting another interest-rate increase. Here are the key economic numbers.

Look under the hood: comparing Australian and US inflation

Headline inflation is 3.5% in Australia and 3.4% in the US. But Australia's underlying inflation is 3.6%, compared with US core inflation of just 2.4%.