Australia's inflation slowed for the second straight time in the June quarter, easing the pressure on the Reserve Bank to tighten its policy urgently at the next meeting.
Consumer price inflation slowed more than expected to 6.0 percent in the second quarter from 7.0 percent in the previous quarter, data from the Australian Bureau of Statistics showed Wednesday. The expected rate was 6.2 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.