Breaking: Headline inflation eases to 4.2 per cent in April as fuel prices fall
Headline inflation in Australia decreased to 4.2 percent in April, down from 4.6 percent in March. This decline was attributed to a 7 percent drop in fuel prices following a government decision to halve the fuel excise. The trimmed mean annual inflation, a key measure for the Reserve Bank, rose slightly to 3.4 percent.
- ▪Headline inflation fell to 4.2 percent in April, down from 4.6 percent in March.
- ▪Fuel prices decreased by 7 percent in April after a significant rise of 32.8 percent in the previous month.
- ▪The federal government halved the fuel excise on April 1 to help motorists amid global energy challenges.
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Headline inflation eases to 4.2 per cent in April as fuel prices fallBy business reporter Gareth HutchensTopic:InflationWed 27 May 2026 at 11:50amWed 27 May 2026 at 11:50amWed 27 May 2026 at 11:50amFuel prices fell 7 per cent in April, after the federal government halved the fuel excise to shield motorists from the global energy shock. (ABC News: Sharon Gordon)abc.net.au/news/headline-inflation-at-4-2-per-cent-in-april-2026/106726182Link copiedShareShare articleHeadline inflation decelerated in April, with consumer prices increasing at an annual pace of 4.2 per cent, down from 4.6 per cent in March.Automotive fuel prices fell 7 per cent in April after rising 32.8 per cent in the previous month.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News (Australia).