Australia’s monthly CPI eased more than expected in May, dropping from 2.4% yoy to 2.1% yoy, the lowest level since October 2024 and below forecasts of 2.4% yoy. Underlying inflation also softened, with trimmed mean CPI falling from 2.8% yoy to 2.4% yoy, reinforcing signs that underlying price pressures are easing across the economy. Excluding […]
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