24 Hrs
Source:
الشرق
Australia's inflation drops to 3.8%
The annual inflation rate in Australia decreased to 3.8% in June, marking the lowest level in several months, due to declines in transportation costs and a 10.9% drop in global oil prices. The core inflation rate remained steady at 3.6%, contrary to the Reserve Bank of Australia's expectations, which had anticipated an increase to 3.8%. This decline reflects progress in efforts to contain inflation despite ongoing global economic uncertainty.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)