Sliding Aussie Seen Stoking Prices as Shock-Absorber Fades

(Bloomberg) -- Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation this time rather than deliver a tailwind to its import-competing industries.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadDave Portnoy

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