Australian Inflation Falls to 4pc

Australian CPI cools to 4.0% but core inflation up.

Australian headline inflation cooled to 4.0% in the year to May, down from 4.2%; the move is mechanical, and the underlying picture did not soften. The RBA’s preferred trimmed mean rose to 3.6% from 3.4%, and the headline fall leans on fuel, where the lower oil prices behind gold’s slide did much of the work. Automotive fuel fell 11.9% on the month, carrying the 1 April excise halving and the recent drop in world crude. Strip that and the sticky…

Australian inflation falls to 4pc

CANBERRA, June 24 (Xinhua) — Australia’s annual rate of inflation fell to 4.0 percent in May, according to official data, defying economists’ expectations of a rise. The Australian Bureau of Statistics (ABS) said on Wednesday that the consumer price index (CPI) rose by 4.0 percent in the year to May, down from 4.2 percent in April and 4.6 percent in March. The Australian Broadcasting Corporation (ABC) reported earlier on Wednesday that economist…

Inflation eases to 4.0 per cent as housing costs keep pressure on prices - The Indian Sun

Consumer prices rose at a slightly slower pace in May, with the latest figures from the Australian Bureau of Statistics showing annual inflation at 4.0 per cent, down from 4.2 per cent in April. The Consumer Price Index increased by 0.7 per cent over the month, reflecting mixed movements across key spending categories. Housing remained the largest driver of annual price growth, rising 6.5 per cent over the year, followed by food and non-alcoholi…

Inflation cools, RBA facing 'uncomfortable trade-off'

The Consumer Price Index (CPI) rose 4% in the 12 months to May 2026, according to the Australian Bureau of Statistics (ABS). "Annual CPI inflation in May was 4%, down from 4.2% in the year to April," ABS head of prices statistics Rachael McCririck said. "Trimmed mean annual inflation was 3.6% in the 12 months to May 2026, up from 3.4% in the 12 months to April 2026." VanEck head of investments and capital markets Russel Chesler said inflation is…

Australia CPI falls 0.7% in May as annual inflation cools to 4.0%

Australia's cooling inflation may prompt RBA rate cuts, impacting global markets and potentially boosting risk assets like Bitcoin. The post Australia CPI falls 0.7% in May as annual inflation cools to 4.0% appeared first on Crypto Briefing.