• 11/25/2024

Australia’s Monthly Inflation Indicator Surprises to the Upside in May

Wall Street Journal

Australia’s monthly inflation indicator came in well above expectations in May, adding to a lengthening list of indicators suggesting that price pressures remain stubbornly high while fueling talk of a further rise in interest rates as early as August.

https://www.wsj.com/articles/australias-monthly-inflation-indicator-surprises-to-the-upside-in-may-52a2344e