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Aussie Trade Prices Won't Ruffle CPI Outlook

Forex News Record high Australian export prices won't ruffle the outlook for inflation much, though slightly lower-than-expected import prices may cause slight downward revision of some forecasts, says JPM Morgan economist Stephen Walters. "In terms of the CPI impact for next week, it's pretty minimal." Adds, export price surge as expected, driven by coal, metals and petrol related products. 2Q export prices jump 13.5%, imports 1.4%.




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