The Melbourne Institute’s headline and trimmed mean monthly inflation gauges for Australia declined in April, easing inflation concerns. Headline inflation rose by only 0.09% in April to be 3.68% higher year-on-year (a two-year low): The core measure, trimmed mean, was only 0.15% in April to be up 3.18% year-on-year—the lowest result since June 2022: Excluding
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