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AAP
AAP
Business
Fraser Barton

Further rate cuts at risk as rent pushes up inflation

The capital city rental value index increased in July, with worries it will add to inflation woes. (James Ross/AAP PHOTOS)

Rising construction costs and rental increases may prove to be stumbling blocks for further rate cuts from the Reserve Bank. 

The latest data from Cotality shows there are concerns for housing inflation and its knock-on effects off the back of rental re-acceleration picking up in state capitals for the first time in two years.

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