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Australia CPI Rises Amid Concerns
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Overview
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Australia's CPI rises unexpectedly, but REIA downplays concerns of sustained inflation. Housing supply shortages and price hikes in key sectors cause worry.
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How might the unexpected CPI rise impact the Reserve Bank of Australia's monetary policy decisions?
In what ways could the inflation trends affect consumer spending patterns and overall economic growth in Australia?
What strategies can be implemented to address housing supply shortages and mitigate their contribution to inflation?
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