ADELAIDE: An important measure of Australian inflation slipped in November to edge closer to the central bank’s target band, suggesting that policymakers may have room to consider easing sooner than later.
The closely watched trimmed mean core measure, which smooths out volatile items and is the focus of the Reserve Bank of Australia (RBA) attention, slowed to 3.2% from 3.5% in the prior month, data from the Australian Bureau of Statistics (ABS) showed yesterday.
