Investing.com-- Australia’s labor market unexpectedly shrank in December with the participation rate falling from record highs, although low unemployment and relatively high participation still pointed to resilience in the sector.
Investing.com-- Australia’s trade surplus grew far more than expected in November, with a mild increase in exports coming amid a sharp drop in imports as high interest rates and sticky inflation weighed on domestic demand.
Investing.com-- Australian consumer inflation fell more than expected in November, helped chiefly by a decline in fuel costs as oil prices fell, although core inflation remained elevated and well above the Reserve Bank of Australia’s annual target.