Inflation in Australia below expectations - the Australian dollar with a five-month minimum

Inflation in Australia was surprisingly low, continuing to be under the central bank's target for a second consecutive year. This is increasingly casting off the prospects of raising interest rates.
Consumer price inflation in the country rose to 1.8% for the year to September, below analysts' average inflation expectations of 2%.
The local currency fell to four and a half months minimum and early in the morning lost 0.6% of its value and exchanged at levels of 0.7721 US dollars.
This is the seventh consecutive quarter in which inflation is below market expectations of 2%.
The Australian central bank's long-term inflation target is between 2% and 3%. Permanently low inflation may, however, change the expectation of a recent increase in interest rates by the central financial institution.
Currently, interest rates in Australia are at a record low of 1.5%.