Core Inflation Rises Despite Cooling Headline

Australia’s inflation cooled slightly to 4% thanks to cheaper gas—but the real concern is core inflation, which jumped to 3.6%, driven by stubborn rises in housing, rent, and electricity. With the Reserve Bank already hiking rates three times this year, they’re stuck balancing inflation control against job market risks as key employment data looms. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c63701aee5356c29