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Economics

Inflation rises 3% in August

CPI rose 3% in the 12 months to August, pushing it into the top end of the RBA's target range and dashing hopes for an interest rate cut next week.

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Read more: David BassaneseBrendan RynneMichele BullockMichelle MarquardtAustralian Bureau of StatisticsConsumer Price IndexKPMGReserve Bank of Australia