Oz Blog News Commentary

Why Aussies distrust the CPI

November 9, 2018 - 11:45 -- Admin

By Leith van Onselen Richard Holden, Professor of Economics at UNSW, has penned an article explaining how quality (‘hedonic’) adjustments to the Consumer Price Index (CPI) has presented an artificially low representation of inflation leading to distrust among the community: Officially, Australia’s rate of inflation is 1.9%. It’s the lowest it has been on a sustained

The post Why Aussies distrust the CPI appeared first on MacroBusiness.

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