Inflation falls to the lowest level in almost two years (4.3%)
Inflation falls to the lowest level in almost two years (4.3%)
www.abc.net.au Australia is still seeing disinflation. This is what it might mean for interest rates
The latest monthly indicator from the ABS shows consumer prices rose at their slowest pace in almost two years in November.
Unsurprisingly it's still food and housing driving it largely.
2 comments
For me it's energy. My gas and electricity prices are twice what they were a year ago. The move by many utility companies to having to pay your whole bill all at once rather than say ¼ per week is really not helping.
Housing is by far the biggest expense for me. I look at the increasing number of tents in my city and know that I'm only one or two rent increases away from joining them.