Australia inflation slowed slightly in February, data from the Australian Bureau of Statistics showed Wednesday.
The consumer price index increased 3.7 percent year-on-year, slower than the 3.8 percent rise in January. Prices were expected to climb 3.8 percent.
Trimmed mean inflation was unchanged at 3.3 percent in February.
On a monthly basis, the CPI remained flat, in line with forecast, after rising 0.4 percent in January.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.