Headline inflation eases to 4.2 percent as fuel excise cut drives prices

Headline inflation eased to 4.2 percent in April from 4.6 percent in March as fuel prices dropped 7 percent following the government's decision to halve the fuel excise on April 1. Trimmed mean inflation, the Reserve Bank's preferred measure, rose slightly to 3.4 percent from 3.3 percent.

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