John KehoeEconomics editor
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Consumer price figures due this week are expected to show underlying inflation has overshot the Reserve Bank of Australia’s forecasts for nine of the past 12 months, putting pressure on the central bank to consider an interest rate rise.
The RBA’s inflation fighting credibility and strategy of raising interest rates by less than other central banks will be put under the microscope when the consumer price index (CPI) is published on Wednesday.
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