29-March-2025
Economy News
 
Australian Inflation Ticks Lower in February, Backs Bets for More Rate Cuts
26-Mar-2025

Australia's consumer inflation slowed in February, helped by a fall in electricity prices, while the continued easing in home building costs and rents supported the case for more rate cuts in the months ahead. Data from the Australian Bureau of Statistics on Wednesday showed the monthly consumer price index was flat in February from January. The annual pace, however, slowed to 2.4% from 2.5%, versus forecasts for no change.

News Source:- https://money.usnews.com/investing/news/articles/2025-03-25/australian-consumer-prices-rise-2-4-in-february-slower-than-forecasts
 
 
 

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