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Australian CPI falls to 6.8%, adds to halt hopes

The Consumer Price Index (CPI) has slowed to 6.8% from its record high of 7.3%, adding to theories the Reserve Bank of Australia will pause rate hikes.

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Read more: Reserve Bank of AustraliaConsumer Price IndexHSBCPaul BloxhamStephen MillerBusiness SurveyPhilip Lowe