Australian data – Consumer Inflation Expectations for May 2024: 4.1% (prior 4.6%)
globalreutersMay 23, 20241 Mins read The Reserve Bank of Australia does not want inflation expectations to become ‘unanchored’. In the case at present rise quickly above actual inflation.
So, what we have here are expectations falling a little closer to official inflation rates.
The March CPI is the latest official rate (the monthly announcements are not accepted as official).
This article was written by Eamonn Sheridan at www.forexlive.com.
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