Australian annual inflation slows to 3.7 percent in February
Australian annual inflation eased to 3.7 percent in February as travel costs fell. Core inflation held steady at 3.3 percent amid growing energy price risks.
Xurve View
Xurve View
Consumer price growth in Australia remained flat in February, with the annual inflation rate slowing to 3.7% from 3.8% in the previous month. Although the figures came in slightly lower than median forecasts, the data largely reflects economic conditions before a major energy shock caused by conflict in the Middle East began to impact global markets.
