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Economic Buzz: Australia monthly inflation gauge falls 0.4% MoM in June
06-Jul-2026 10:42
Australia's Melbourne Institute Monthly Inflation Gauge fell 0.4% MoM in June 2026, following a 0.3% decline in May, marking its second consecutive monthly decrease and indicating easing price pressures. Meanwhile, annual inflation slowed to 4.0% in May from 4.2% in April, though it remained above the central bank's 2'3% target range, with underlying inflation expected to strengthen in the June quarter.

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