India, July 29 -- Australia's consumer price inflation slowed to a four-month low in June on lower fuel prices and underlying inflation remained stable, easing pressure on the central bank for further policy tightening.
The consumer price index posted an annual increase of 3.8 percent in June, following a 4.0 percent rise in May, the Australian Bureau of Statistics said Wednesday.
On a monthly basis, consumer prices edged down 0.1 percent but slower than the 0.7 percent decrease seen in the previous month.
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