A. 2.5%
B. 3.0%
C. 3.8%
D. 5.2%

Detailed Explanation:

Australia’s annual inflation rate slowed to 3.8% in June 2026, reducing expectations of another immediate interest rate increase by the Reserve Bank of Australia (RBA).

Important Exam Facts

• Inflation eased to 3.8%.
• The Reserve Bank of Australia sets monetary policy.
• Lower inflation can reduce pressure for interest-rate increases.
• Inflation measures the rise in prices over time.

Related Questions & Quick Answers

• What does RBA stand for? — Reserve Bank of Australia.
• What is inflation? — A rise in the general price level.
• What is Australia’s currency? — Australian Dollar (AUD..
• Which city is Australia’s financial hub? — Sydney.
• What is monetary policy? — Policies used by a central bank to manage inflation and the economy.