Australia’s Inflation Indicators Present Value Pressures Cooled in November

SYDNEY—Australia’s month-to-month consumer-price index rose 4.3% within the 12 months to November, slowing from an annual tempo of 4.9% in October, the Australian Bureau of Statistics mentioned Wednesday.

Essentially the most important will increase to inflation got here from housing-related prices, which rose 6.6% over the yr, whereas insurance coverage and monetary providers prices jumped 8.8%, the ABS mentioned.