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WSJ

24 Jun 2026, 02:51 UTC · 2h ago

Australia's Underlying Inflation Rises Despite Easing Fuel Costs

NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.

What the story claims

3 claims · each scored for market impact

What matters in this story

1
Underlying inflation in Australia continued to strengthen in May. — Persistent underlying inflation increases the likelihood of higher-for-longer interest rates from the RBA.
-0.60
2
Businesses are passing on higher costs stemming from the Middle East conflict to consumers. — Supply-side cost pressures create sticky inflation that is harder for central banks to control via monetary policy.
-0.40
3
Headline consumer price growth eased in May due to cooling fuel prices. — A drop in headline inflation provides some short-term relief to price indices, though it is offset by underlying trends.
+0.30