- Australia's consumer-price growth slowed to 4.2% in April from 4.6% in March, partly due to a temporary fuel tax cut.
- Transport costs declined 2.7% monthly but rose 6.6% annually, continuing to exert inflationary pressure above the Reserve Bank of Australia's 2.5% target.
- The RBA raised its cash rate by 25 basis points and may consider further increases, with market expectations for an additional hike by the end of 2026.