India, July 29 -- The Australian dollar weakened against other major currencies in the Asian session on Wednesday, following the release of soft Australian consumer inflation figures in June.
Data from the Australian Bureau of Statistics (ABS) showed that the Australia's Consumer Price Index (CPI) grew 3.8 percent year over year (YoY) in June as opposed to a 4 percent growth recorded in May. The market had forecasted the consumer prices to rise to 4 percent in the previous month.
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