Inflation data for November, to be released today, is expected to show the impact of pre-Christmas discounting. Follow the day’s news liveGet our morning and afternoon news emails, free app or daily news podcastMore on holiday sales expected to contribute to a slowdown in inflation.CBA economist Stephen Wu said:Wednesday’s release will include an update on market services price inflation that was not available in October.This will confirm the degree to which inflation remains a ‘homegrown and demand-driven’ issue, to use RBA Governor Michele Bullock’s words back in November. Continue reading…
Source link : https://www.theguardian.com/australia-news/live/2024/jan/10/australia-news-live-chalmers-prepared-to-consider-more-cost-of-living-relief-as-economists-tip-inflation-slowdown
Author : Rafqa Touma
Publish date : 2024-01-09 22:14:47
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Australia news live: Chalmers ‘prepared to consider’ more cost-of-living relief as economists tip inflation slowdown
