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The decline in LAC was driven by a robust double-digit Internet revenue expansion comparator as well as reduced intake and shopper downtrading on account of macroeconomic pressures during the region.
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The softer-than-expected inflation emboldened bets by curiosity amount traders which the RBA’s most intense monetary policy tightening cycle in 30 a long time is coming to an conclusion Which level cuts might be coming in the second fifty percent on the 12 months.