ECONOMICS
INFLATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1.4%
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1.6%
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1.8%
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2.2%
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Detailed explanation-1: -Current Australia inflation rate The inflation rate year over year is 7.8% (compared to 7.3% for the previous quarter). Inflation from September 2022 to December 2022 was 1.9%.
Detailed explanation-2: -Australia: Inflation at over three-decades high in Q4 Annual inflation came in at 7.8% in Q4, up from Q3s 7.3%, hitting the highest reading since Q2 1990 and beating market expectations.
Detailed explanation-3: -The annual inflation rate for the United States is 6.4% for the 12 months ended January 2023 after rising 6.5% previously, according to U.S. Labor Department data published Feb. 14. The next inflation update is scheduled for release on March 14 at 8:30 a.m. ET.
Detailed explanation-4: -Australia inflation rate for 2021 was 2.86%, a 2.02% increase from 2020. Australia inflation rate for 2020 was 0.85%, a 0.76% decline from 2019. Australia inflation rate for 2019 was 1.61%, a 0.3% decline from 2018. Australia inflation rate for 2018 was 1.91%, a 0.04% decline from 2017.