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flag Australia's inflation rate reached 2.3%, influenced by rising food prices, while electricity and fuel costs dropped.

flag Australia's inflation rate rose to 2.3% in November, slightly above expectations, driven by higher food and beverage prices, while electricity and fuel costs declined due to government subsidies. flag The trimmed mean measure of underlying inflation fell to 3.2%. flag Despite staying within the Reserve Bank of Australia's 2-3% target range, the central bank remains cautious about cutting interest rates.

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