Mumbai, June 1 -- Australia's Melbourne Institute Monthly Inflation Gauge declined 0.3% MoM in May 2026, reversing April's 0.6% increase and marking the first monthly fall since February. Softer fuel price gains helped ease inflationary pressures, though annual inflation at 4.2% remains above the central bank's 2-3% target range, indicating persistent underlying price pressures.
Published by HT Digital Content Services with permission from Capital Market....