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Soft landing more likely for Australian economy after inflation falls to three-year low: Treasurer

NAMPA / Xinhua
2025-01-29
CANBERRA, Jan. 29 (Xinhua) -- A soft landing for the Australian economy is increasingly likely after inflation fell to a three-year low, Treasurer Jim Chalmers said on Wednesday. The worst of the inflation challenge is "well and truly behind us," Chalmers told a press conference after data released by the Australian Bureau of Statistics (ABS) earlier Wednesday showed that the annual rate of headline and underlying inflation both fell to three-......
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