Data to show encouraging progress in fight against inflation: Australian treasurer

CANBERRA, Sept. 22 (Xinhua) -- Upcoming official data is expected to show progress in the fight to reduce inflation in Australia, the nation's treasurer has said.

Jim Chalmers said on Sunday that the monthly consumer price index (CPI) data for August, which will be released by the Australian Bureau of Statistics (ABS) on Wednesday, is forecast to show that inflation is easing.

"Most economists expect that