Thu, 26 Jun 2025 12:59:52 GMT
Inflation in Australia rises
Australia's Monthly CPI Indicator for May 2025 shows that inflation rose 2.1% over the year, a slight easing from the 2.4% increase recorded in April. This suggests inflationary pressures are continuing to moderate across much of the economy.
The main contributors to annual inflation were food and non-alcoholic beverages, which rose by 2.9%, housing at 2.0%, and alcohol and tobacco at