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@ Layer3.news
2025-05-29 10:11:09
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AUSTRALIA'S CONSUMER INFLATION HOLDS STEADY IN APRIL, RATE CUTS STILL IN VIEW
https://media.zenfs.com/en/reuters-finance.com/c34b630e61914b50063cdf204d55cb30
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✍️ Australian consumer inflation held steady in April, with higher health and holiday costs offsetting a drop in petrol prices, leaving hopes for more interest rate cuts intact.
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👉 Australian consumer inflation held steady in April
👉 Higher health and holiday costs offset a drop in petrol prices
👉 Trimmed mean measure of core inflation increased to 2.8%
👉 Figures remained within the central bank's target band of 2-3%
👉 Market reaction was muted
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#CherelleMurphy #Sydney #world
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