CANBERRA, ACT, March 26 -- The Treasurer of Australia issued the following media release:
New figures show that headline and underlying inflation fell last month.
This is more positive and promising news that shows we're making progress together in the fight against inflation.
Monthly inflation fell to 2.4percent in the year to February 2025.
Annual trimmed mean inflation fell to 2.7percent.
Today's headline result was below the median market expectation.
Inflation was high and rising when we came to government and now it's much lower and falling.
Headline inflation has been at or below the midpoint of the Reserve Bank's target band for six consecutive months.
Underlying inflation has been below threepercent for three consecutive mo...