Headline inflation drops but core rises
Australia's headline CPI fell to 4.0% yet core inflation accelerated to 3.6%, signaling the RBA faces a tricky policy path ahead.
Australia's headline CPI fell to 4.0% yet core inflation accelerated to 3.6%, signaling the RBA faces a tricky policy path ahead.
Australia's headline CPI fell to 4.0% in May, but the trimmed mean accelerated to 3.6%, signaling persistent pressure for the RBA.
Trimmed mean inflation could peak at 3.7% by mid-2026. Fuel drops hide sticky core costs keeping RBA rates restrictive.