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WSJ Economy · Jun 24, 2026 2:51 AM EDT MacroEnergyGeopolitics

Australia’s Underlying Inflation Rises Despite Easing Fuel Costs

Australia’s consumer price growth eased in May amid cooling fuel prices, but underlying inflation continued to strengthen as businesses passed on higher costs resulting from the Middle East conflict.

Australia’s Underlying Inflation Rises Despite Easing Fuel Costs
Image WSJ Economy

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