Inflation Rate For 2024 Australian Government

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Inflation Rate For 2024 Australian Government

Inflation Rate For 2024 Australian Government. Increases to government spending are typically thought to lead to higher inflation in net terms, heightening the chance that the rba responds through setting comparatively higher interest rates. The consumer price index (cpi) rose 0.2% this quarter.


Inflation Rate For 2024 Australian Government

The best contribution that monetary policy can make to the wellbeing of the australian people is to ensure that inflation returns to target in a reasonable timeframe. Inflation in underlying terms remains too high and it will be some time yet before inflation is sustainably in.

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