Australia CPI Cools to 2.1%, Solidifying RBA July Rate Cut Expectations

Australia CPI Cools to 2.1%, Solidifying RBA July Rate Cut Expectations

On June 25, 2025, Australia’s monthly consumer price index (CPI) survey revealed inflation has further eased to 2.1% year-over-year, down from 2.4% in April. This softer reading strengthens expectations that the Reserve Bank of Australia (RBA) will deliver an interest rate cut in July, marking another step toward monetary easing. CPI Numbers Show Momentum Shift…