Mumbai, March 3 -- Australia's Monthly Inflation Gauge fell 0.2% in February 2025, its first drop since August, as the Reserve Bank's fresh rate cut to 4.1% begins to bite. With underlying inflation cooling to 3.2% and headline inflation hitting a near four-year low of 2.4%, signs of faster disinflation are emerging. RBA Governor Michele Bullock credits higher rates for slowing the economy and taming price pressures but warns it's too soon to celebrate.
Published by HT Digital Content Services with permission from Capital Market....