PRICES AND WAGES
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Australian consumer prices rose by 0.8% in the second quarter. They rose by 3.2% over the 12 months to the second quarter, the fastest annual increase since March 1996. In July, Germany's 12-month inflation rate eased to 1.8%. Dutch workers' pay rose by 2.5% in the 12 months to June, a cut of 0.2%in real terms.
This article appeared in the Economic & financial indicators section of the print edition under the headline “PRICES AND WAGES”