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Australia Consumer Prices Rise 0.4% In Q4

Consumer prices in Australia were up 0.4 percent on quarter in the fourth quarter of 2015, the Australian Bureau of Statistics said on Wednesday.

That topped forecasts for an increase of 0.3 percent following the 0.5 percent gain in the third quarter.

On a yearly basis, inflation climbed 1.7 percent - also slightly above forecasts for an increase of 1.6 percent and up from 1.5 percent in the three months prior.

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