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AAP

Politics

Poppy Johnston

Fingers crossed for soft enough inflation numbers

Inflation RBA Reserve Bank Michele Bullock Interest Rates

Higher petrol prices have emerged as a risk to curtailing inflation. (Flavio Brancaleone/AAP PHOTOS)

Consumer price figures will be hotly anticipated as decision-makers seek to confirm whether inflation is falling fast enough to keep interest rates on hold.

The September quarterly inflation data, to be released by the Australian Bureau of Statistics on Wednesday, will be pored over ahead of the Reserve Bank's interest rate meeting on Melbourne Cup Day.

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