Australian Bureau of Statistics CPI Data Mar-2022 123.9 Jun-2022 126.1 Sep-2022 128.4 Dec-2022 130.8 Mar-2023 132.6 The

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Australian Bureau of Statistics CPI Data

Mar-2022	123.9
Jun-2022	126.1
Sep-2022	128.4
Dec-2022	130.8
Mar-2023	132.6

The above data are Consumer Price Index numbers published by the Australian Bureau of Statistics.

1. . From the data, calculate the annual rate of inflation in March 2023.

2. What is the RBA's target for the inflation rate? 3. Based on (1) and (2) what policy action(s) would you expect?

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Business Statistics

ISBN: 9780321925121

2nd Edition

Authors: Robert A. Donnelly

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Posted Date: May 03, 2024 09:40 AM

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Australian Bureau of Statistics CPI Data Mar-2022 123.9 Jun-2022 126.1 Sep-2022 128.4 Dec-2022 130.8 Mar-2023 132.6 The

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Business Statistics

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