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AAP
AAP
Jacob Shteyman

Jigsaw coming together for further interest rate relief

Reserve Bank Andrew Hauser Zali Steggall RBA Inflation Barrenjoey
Solid retail trade data for June follows a senior central banker welcoming softer inflation figures. (Steven Saphore/AAP PHOTOS)

Hopes of an impending interest rate cut have been bolstered by a top official who says fresh figures show inflation falling in line with predictions.

Reserve Bank of Australia deputy governor Andrew Hauser said the consumer price data released by the Australian Bureau of Statistics on Tuesday was "very welcome".

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