Annual inflation hits 2.1pc in the June quarter, down from 2.4pc in March

Inflation eased further in the June quarter, with consumer prices rising at an annual pace of 2.1 per cent, down from 2.4 per cent in the March quarter.

The “trimmed mean” measure of inflation, which is the Reserve Bank’s preferred measure of underlying inflation, also declined.

It fell from 2.9…