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ASX drops 0.5%; banks and technology drag as inflation spikes – The Sydney Morning Herald
The S&P/ASX200 has retreated from Tuesday’s record high, and was last 0.5% lower. Materials, financials, technology and consumer…
Inflation has climbed to its highest level since before the Global Financial Crisis after large increases in prices for fruit, vegetables and petrol.
The Australian Bureau of Statistics on Wednesday reported the consumer price index climbed by 0.8 per cent…
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