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AAP

Andrew Brown and Jacob Shteyman

Hope for home owners as inflation hits four-year low

Inflation Jim Chalmers CPI Andrew Leigh Lukas Coch

Slowing inflation has boosted the hopes of home buyers that rates will be cut again soon. (Dean Lewins/AAP PHOTOS)

A key measure of inflation has fallen to a four-year low, giving hope to mortgage holders of another drop in interest rates.

Headline inflation fell from 2.4 per cent to 2.1 per cent in May, data from the Australian Bureau of Statistics on Wednesday showed.

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