Australian PM says inflation numbers 'pleasing' amid cost of living pressures

Australian PM says inflation numbers ‘pleasing’ amid cost of living pressures

SYDNEY (Reuters) - Prime Minister Anthony Albanese said on Saturday he was pleased to see inflation retreating in Australia, but cautioned that cost of living pressures remained nationwide. Australian inflation slowed to an eight-month low in February, data out this week showed, due partly to a fall in holiday travel and accommodation prices, boosting the case for the Reserve Bank of Australia (RBA) to pause its rate-hike cycle when it meets…

Australian PM says inflation numbers 'pleasing' amid cost of living pressures

Prime Minister Anthony Albanese said on Saturday he was pleased to see inflation retreating in Australia, but cautioned that cost of living pressures remained nationwide.

Australian PM says inflation numbers 'pleasing' amid cost of living pressures

SYDNEY -- Prime Minister Anthony Albanese said on Saturday he was pleased to see inflation retreating in Australia, but cautioned that cost of living pressures remained nationwide.

Australian PM says inflation numbers 'pleasing' amid cost of living pressures

Australian PM says inflation numbers 'pleasing' amid cost of living pressures Prime Minister Anthony Albanese said on Saturday he was pleased to see inflation retreating in Australia, but cautioned that cost of living pressures remained nationwide. Australian inflation slowed to an eight-month low in February, data out this week showed, due partly to a fall in holiday travel and accommodation prices, boosting the case for the Reserve Bank of Au…