Australian business conditions: Cost and price momentum fades – ANZ

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Australian business conditions: Cost and price momentum fades – ANZ
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Economists at Australia and New Zealand Banking Group (ANZ) offer their afterthoughts on the Australian NAB’s September Business Survey. Key quotes “N

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AB’s September Business Survey shows fading cost and price pressures, with most cost/price measures at their weakest level since late 2021.

” “While we still consider the RBA November meeting live, this slowdown in cost pressures adds to the likelihood that the RBA will continue with its extended pause.”

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