Australian dollar bounces back on CPI figures

Consumer prices rose by 0.5 per cent in the June quarter, broadly in line with market expectations. The quarterly growth, compared with 0.6 per cent in the preceding six months, equates to an annual rate of 3 per cent, up 0.1 percentage point at the end of the March quarter. Despite rising consume…

Read the original post:
Australian dollar bounces back on CPI figures