Oz Blog News Commentary

Goods deflation heads for Australia

November 29, 2023 - 13:30 -- Admin

The latest quarterly CPI inflation data from the Australian Bureau of Statistics (ABS) showed that goods inflation was falling fast, helping to bring down the overall inflation rate: The good news is that more goods disinflation looks to be on the way to Australia, as illustrated by the next chart from Justin Fabo from Macquarie

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