Inflation disappoints and tempers hopes of rate cut

By Poppy Johnston
Updated May 29 2024 - 3:40pm, first published 3:37pm
Housing was the top contributor to inflation in the 12 months to April, according to fresh figures. (Glenn Hunt/AAP PHOTOS)
Housing was the top contributor to inflation in the 12 months to April, according to fresh figures. (Glenn Hunt/AAP PHOTOS)

The road to within-target inflation has hit a speed bump, with households stung with higher prices for fruit and veg, alcohol and health insurance.

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