US EditionAustralia's core inflation slows to 3-year low in Q1
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perthherald.comAustralia's core inflation slows to 3-year low in Q1
SYDNEY, Australia: A key measure of inflation in Australia has cooled to its lowest level in three years, lending weight to expectations that the Reserve Bank of Australia (RBA) may lower interest rates at its upcoming May meeting. Data released this week showed core inflation fell back into the RBA's target range for the first time since 2021, driven by a slowdown in services prices. The trimmed mean—clos
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