Australia's annual inflation rate falls to 3.6 per cent
by @MichaelWestBiz
@MichaelWestBiz— Australian inflation has come in hotter than expected after lifting 3.6 per cent in the 12 months to March. But the consumer price index also cooled from 4.1 per cent in the previous corresponding year, the Australian Bureau of Statistics reported. On a quarterly basis, inflation rose one per cent, up from 0.6 per cent […]
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Americans for Tax Reforms—Worst of Both Worlds: U.S. Economic Growth Slows as Inflation Rates Rise. Today, the Commerce Department released a snapshot of its growth report for the first quarter. The country’s gross domestic product (GDP) grew by just 1.6 percent, its slowest pace in nearly two years. Further, inflation rates have also risen dramatically. Many economists are describing this as “the worst of both worlds.” Economists polled by Reuters […]