Afternoon Update: inflation drops more than expected; William Tyrrell’s foster mother speaks; and a cleaner destroys 25 years of research

Australia’s consumer price index fell to 5.6% in May – but food prices continued to rise, up 7.9%. Photograph: Lisa Maree Williams/Getty Images

Happy hump day! Inflation fell to 5.6% in May – lower than economists’ expectations of 6.1% and potentially easing fears of a rate rise next month.

But monthly inflation data can be volatile and a closer look reveals varying price movements. Lower fuel costs helped relieve some of the pricing pressure, but food continued to rise, up 7.9%. And if you’re surprised by your higher insurance premium this year, it’s because insurers have hiked them up a record 14.2% – 2.5 times the inflation rate.