Australia – the inflation spike was transitory but central bankers hiked rates with only partial information

Created
Thu, 26/06/2025 - 16:21
Updated
Thu, 26/06/2025 - 16:21
The Australian Bureau of Statistics (ABS) released the latest CPI data yesterday (June 26, 2025) – Monthly Consumer Price Index Indicator – for May 2025, which showed that the annual underlying inflation rate, which excludes volatile items continues to fall – from 2.4 per cent to 2.1 per cent. The trimmed mean rate (which the…