Inflation isn't the 6.1% they say it is – for many of us, it is much lower - The Conversation


8/3/2022 12:00:00 AM2 years 9 months ago
by Ben Phillips

ANU modeling suggests 80% of households face living cost increases below the inflation rate of 6.1%.

We learnt last week inflation is officially 6.1% way above the average over the past 20 years of 2.5%. This is right in the middle of the Reserve Banks 2-3% target band. But although the rate is now… [+3631 chars]

full article...