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AAP
AAP
Politics
Jacob Shteyman

Oil and milk prices to spill the tea on inflation story

Perishable goods price data is expected to be a key inflation indicator this week. (Danny Casey/AAP PHOTOS)

Oil and dairy prices will shed light on Australia's inflation fight in a big week for domestic economic data.

Australian Bureau of Statistics figures are expected on Wednesday to show headline and underlying inflation edged up in May as the Middle East conflict continued to impact supply chains across the economy.

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