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AAP
AAP
Business
Poppy Johnston

HISTORICAL FACTS: Annual inflation hits 7 3 per cent - The Untold Story

The effect of Black Friday on spending habits is growing stronger each year. (Diego Fedele/AAP PHOTOS) (AAP)

Inflation surged back to 7.3 per cent in the 12 months to November after a weaker read in October.

The Australian Bureau of Statistics' monthly consumer price index showed inflationary pressures remain strong, with housing the largest contributor to the November read.

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