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Rising wholesale prices flag inflation risks

posted by Avatar hachibi 760 days ago in AUD, GDP, Inflation made popular 760 days ago

WHOLESALE prices rose strongly in the first quarter, sending a warning on inflationary risks in an economy now recovering strongly. Producer prices rose 1 per cent in the first quarter of 2010 from the fourth quarter 2009, the Australian Bureau of Statistics said today. Economists expected a rise of 0.6 per cent
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