June 24, 2026 02:34 AM GMT Australia Macro+ | Asia Pacific M Update May CPI: Core Strength Key Takeaways Outlook and Implications: Overall, this print was softer at the headline level, but firmer beneath the surface. The fall in headline inflation was largely driven by lower fuel prices, while trimmed mean inflation rose and remains above the RBA's target band. Housing remains a key source of persistence, with electricity, construction costs and rents all contributing to the monthly core increase. More impo ...