CPI Data Says Higher For Longer, Again!

March 27, 2024 00:07:11
CPI Data Says Higher For Longer, Again!
Digital Finance Analytics (DFA) Blog
CPI Data Says Higher For Longer, Again!

Mar 27 2024 | 00:07:11

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Show Notes

We got the latest monthly data on inflation on Wednesday, and it came in a bit below market expectations, standing at 3.4% unchanged in February and has been 3.4 per cent for three consecutive months according to the ABS. Monthly data does not cover all the categories, so results are always a bit uncertain. But just to be clear, prices are still rising faster than the RBA’s target, and while the data is volatile, there is clearly more to do to get to band. Also, I believe real inflation as experienced by many households are significantly higher than the official […]

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