Official CPI higher than expected
• ABS reported 7.8% inflation over the year, coming in just under the RBA’s expected 8% forecasts.
• According to ANZ senior economist Catherine Birch, a “rate rise next month is almost certain” to curb inflation.
Official CPI higher than expected
• ABS reported 7.8% inflation over the year, coming in just under the RBA’s expected 8% forecasts.
• According to ANZ senior economist Catherine Birch, a “rate rise next month is almost certain” to curb inflation.
