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The inflation figure, explained
Published 1 month ago
Description
Data from the Australian Bureau of Statistics released today shows that the Consumer Price Index fell in April, thanks in large part to easing fuel costs. But underlying inflation remains stubbornly elevated.
So what should we make of these numbers? How might they shape the RBA’s moves on next month’s rates decision - and is this a good or bad sign of the health of our economy?
Daniel Ziffer and ABC Business Reporter Nassim Khadem break it all down on ABC Business Daily.
In case you missed it, catch today's episode of Fuelcast here.
Got a burning business question?
Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au