Consumer prices in Australia advanced 0.7 percent on quarter in the fourth quarter of 2019, the Australian Bureau of Statistics said on Wednesday. That beat expectations for a gain of 0.6 percent and was up from 0.5 percent in the three months prior.
On a yearly basis, inflation gained 1.8 percent - also topping forecasts for 1.7 percent, which would have been unchanged from the Q3 reading.
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