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Inflation data from Australia for the January – March quarter and for March month, 2025.
Headline inflation:
+2.4% y/y
+0.9% q/q
Trimmed mean (a measure of core, or underlying inflation)
2.9% y/y
0.7% q/q
Weighted median (an alternative core measure) 3.0% y/y
and 0.7% q/q
While a touch on the higher than expected side these results are enough for the Reserve Bank of Australia to cut its cash rate again its May meeting.
This article was written by Eamonn Sheridan at www.forexlive.com.
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