Australian CPI held steady +0.4% on quarter in Q2 vs consensus of +0.5%. On year, inflation...

|By:, SA News Editor
Australian CPI held steady +0.4% on quarter in Q2 vs consensus of +0.5%. On year, inflation +2.4% vs +2.5% in Q1 and forecasts of +2.5%, and in line with the RBA's target of 2%-3%. Prices increased for apparel, footwear and health care, although transportation costs fell. AUD-USD (FXA) -0.4% to $0.9255. (PR)