ASX Rallies as Inflation Falls Sharply to 5.6 per Cent as Aussie Dollar Slumps June 29, 2023 fredom Australian News Australia News The local sharemarket jumped and the Aussie dollar slumped when that lower than expected monthly inflation rate was announced. Alan Kohler on that, and why were we in a state of ‘deflation’? Credit ABC News (Australia) Please support our Sponsors here :