Australian monthly CPI (May 2025) 2.1% y/y (vs. 2.3% expected)

April 2025 monthly inflation CPI data from Australia, well under the expected and under the result from April. This supports a Reserve Bank of Australia rate cut at its next meeting (July 7 and 8).
Comes in at 2.1% y/y
- expected 2.3%, prio
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