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ABC News

Business

business reporters Michael Janda and Rachel Pupazzoni

UNCOVERED: Inflation surprisingly eases last month as supply bottlenecks clear - The Untold Story

Inflation eased slightly last month, according to new monthly Australian Bureau of Statistics (ABS) figures, however both businesses and economists say it may not have peaked just yet.

The monthly consumer price index (CPI) rose 6.9 per cent over the year to October, down a little from the 7.3 per cent headline inflation rate recorded in September.

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