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Inflation eases back more than expected in May, falling to 2.1%

A
ABC NEWS (Australia)

5,866 Views • Jun 25, 2025

Description

The case for the Reserve Bank to again lower interest rates just got a little stronger after inflation figures for May came in lower than expected. Cost pressures across the economy are easing and fears of an inflation shock caused by the war in the middle east are also subsiding following the fragile truce.