The monthly inflation rate from PriceStats is now at one of the highest levels since 2009. The rate of increase is slowing though, and given the data has a 10-day lag, the peak may already be passed. Still, we can look forward to a higher than expected CPI for March, when it is reported in April. Justified or not, that will move expectations of a rate hike forward.
Inflation in everything you need, deflation in everything you want
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Australian households are struggling financially. Real per capita household
final consumption fell by 2.5% in 2023, driving the nation’s per capita
reces...
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