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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by Renju Jaya
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