Wednesday 10 January 2024

Inflation continues to fall

 The ABS released the monthly CPI yesterday. It continues to fall as most people thought it would. given it is a supply shock and not excess demand it is taking longer to fall.

I read Stephen kirchner say after the budget that the ABS has been given the money to have the Monthly CPI the same as the quarterly one. It has not occurred as yet. Is it going to happen or not?  It would help everyone if it happened VERY soon.

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