By Lucinda Jerogin, Associate Economist at CBA: Australian headline inflation surprised to the upside, accelerating 3.8% through the year to October. The policy relevant trimmed mean measure increased to 3.3%/yr. The total volume of capex also recorded a strong turnaround, up 6.4% in Q3 25. Construction work done fell 0.7%/qtr, driven down by a decline
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