Australia’s inflation pressures continued to ease in Q2, reinforcing expectations for further policy easing from the RBA. Headline CPI rose 0.7% qoq, down from Q1’s 0.9% qoq and under the 0.8% qoq consensus. On an annual basis, CPI slowed from 2.4% yoy to 2.1% yoy, the lowest since early 2021, and below expectation of 2.2% […]The post Australia CPI cools to 2.1% in Q2, June reading undershoots appeared first on Action Forex.