Australia‘s Inflation Rate Falls to 6% in the June Quarter Australia‘s headline inflation rate for the June quarter was reported at 6%, lower than the 6.2% pace anticipated by economists and a decline from the 7% recorded in the March quarter. The Australian Bureau of Statistics released these figures on Wednesday, which have increased the […]
The Impact of May’s CPI Increase on Australia’s Economy Introduction The latest figures released by the Australian Bureau of Statistics (ABS) reveal that May’s Consumer Price Index (CPI) increase was the lowest in 13 months. With an annual pace of 5.6%, this represents the slowest growth rate since April of the previous year. The implications […]
