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Live updates: Consumer price rises slow in September quarter, ASX edges lower, Wall Street mixed as tech stocks boost Nasdaq

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The Australian Bureau of Statistics releases the September quarter CPI data, showing annual headline inflation falling to 2.8 per cent, but underlying measures remaining above the Reserve Bank's 2-3 per cent target band. Wall Street finished mixed, and the ASX falls slightly at the open. Follow the latest updates in our live blog.

Live updates: Consumer price rises slow in September quarter, ASX edges lower, Wall Street mixed as tech stocks boost NasdaqLive updates: Consumer price rises slow in September quarter, ASX edges lower, Wall Street mixed as tech stocks boost NasdaqThe Australian Bureau of Statistics has released the September quarter CPI data, showing annual headline inflation falling to 2.8 per cent, but underlying measures remaining above the Reserve Bank's 2-3 per cent target band.

. These competitive factors together with strong eCommerce growth is leading to a lower margin sales mix which has impacted earnings'." "Fruit and vegetables moved back into modest inflation in the quarter due to cycling a period of abundant supply in the previous year," Woolworths said in its report.

Groceries are, of course, a very significant item in the CPI, given that's where a large part of most households' budgets are spent. Google's parent company Alphabet is worth $US2 trillion dollars . As well as search, Google and its parent company Alphabet are big players in email, Android phone sales, streaming platform YouTube, the internet browser Chrome, and it is pushing into artificial intelligence .

Alphabet, one of the so-called "Magnificent Seven" megacap technology stocks, rose ahead of its earnings report.

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Live updates: ASX futures point lower, Wall Street mixed as tech stocks boost Nasdaq, CPI aheadThe Australian Bureau of Statistics will release the September quarter CPI data, which is expected to see annual headline inflation to fall, but underlying measures remain above the Reserve Bank's 2-3 per cent target band. Wall Street finished mixed, and the ASX could fall slightly at the open. Follow the latest updates in our live blog.
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Live updates: ASX edges lower, Wall Street mixed as tech stocks boost Nasdaq, CPI aheadThe Australian Bureau of Statistics will release the September quarter CPI data, which is expected to see annual headline inflation to fall, but underlying measures remain above the Reserve Bank's 2-3 per cent target band. Wall Street finished mixed, and the ASX falls slightly at the open. Follow the latest updates in our live blog.
ソース: abcnews - 🏆 5. / 83 続きを読む »