Albanese: Inflation was over 6% in the last election and has now dropped to 2.4%
Sydney, February 18 (Hibya) - Australian Prime Minister Anthony Albanese stated that inflation has dropped to 2.4%.
Australian Prime Minister Albanese said that today's interest rate cut is good news.
Emphasizing that this means Australians will pay less on their mortgages, Albanese said: "Inflation was over 6% in the last election and has now dropped to 2.4%. Australians have worked hard to reach this point. The worst is behind us. But we know that we need to work harder and that more help is on the way."
Albania News Agency