Inflation rate Australia

Inflation rate Australia

Australia's inflation rate slows less than expected to 3.6%

Economists had tipped CPI growth for the March quarter of 0.8%, and an annual inflation rate of 3.5%. However, Australia's inflation rate came in slightly higher than anticipated at 3.6%, which may have implications for the country's economic outlook.

This news could impact various sectors of the economy, including consumer spending, interest rates, and government policies. It will be important to monitor how this unexpected inflation rate affects the overall economic landscape in Australia in the coming months.