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Reuters

Reuters

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World

Australia's consumer inflation holds steady in April, rate cuts still in view

Reuters
Summary
Nutrition label

79% Informative

Consumer inflation held steady in April as health and holiday costs offset a drop in petrol prices.

But the monthly measure tends to be volatile and leaves hopes for more interest rates cuts mostly intact.

The Reserve Bank of Australia cut interest rates to a two-year low last week as cooling inflation at home offered scope to counter rising global trade risks.

VR Score

91

Informative language

99

Neutral language

40

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links