Australia RBA trimmed mean CPI (YoY) below forecasts (2%) in 1Q: Actual (1.7%)

Australia RBA trimmed mean CPI (YoY) below forecasts (2%) in 1Q: Actual (1.7%)
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Australia's Q1 inflation shockingly low, RBA rate cut in the cards

Australia's Q1 2016 CPI reads surprised to the downside, which now strengthens the case for the RBA to potentially cut rates in coming months.
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