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AAP
AAP
Business
Jacob Shteyman

Underlying inflation up but good news on housing, rents

The cost of renting and building houses continued to slow in January, ABS figures show. (Joel Carrett/AAP PHOTOS)

Australia has hit a bump on the road to disinflation but there are promising signs housing affordability challenges are easing.

The Reserve Bank of Australia's preferred measure of underlying inflation - the trimmed mean - rose 10 basis points to 2.8 per cent in January, the Australian Bureau of Statistics reported on Wednesday.

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