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Politics

Poppy Johnston

Consumer price data to set scene for May rates call

Inflation RBA Stephen Wu

The release of key economic data will provide the RBA with a guide before its next rates meeting. (Flavio Brancaleone/AAP PHOTOS)

Australia will get its first official quarterly update on consumer prices for 2024 following convincing progress on inflation in the second half of last year.

The March quarter consumer price index from the Australian Bureau of Statistics will be the key data release before the May Reserve Bank board meeting.

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