Australia’s inflation rate is now at its lowest in two years
Australia’s annual inflation rate fell to 4.1% in the December quarter of 2023, down from 7.8% in the December quarter of 2022.
With inflation at 4.9%, will the RBA hold fire on interest rates?
Australia’s inflation rate has dived from 5.6% to 4.9% in October, pushing it below 5% for the first time in 20 months.
Australia’s inflation crisis is far from over, data shows
Data shows the end of inflation will be slower and more fitful than hoped, and the price of fighting it will be higher.
Inflation has peaked, but interest rate rises are still likely
Inflation is likely to keep easing as both the “headline” and “trimmed mean” measures are heading in the right direction.
The AFR, a serial denier of profit-driven inflation, has raised its price by 25%
Those few people who duck into their newsagents and buy a copy of the AFR may have noticed the paper now costs $5, up from $4.50 in 2022, which had been increased after a long period of costing $4.
As Aldi goes upmarket and Kaufland fades from memory, the cost of groceries is going to increase
Rising grocery prices, combined with a rise in unemployment and a decline in wages, will give Australians a nasty shock.
