In September Australians expected inflation of 3.3% annually over the next two years, up 0.1% points on the record low in August. However, Inflation Expectations are still down a significant 0.7% points on the pre-pandemic month of March 2020…
Inflation Expectations have fallen significantly for all Australians during the pandemic, down by 0.7% points since March (pre COVID-19) to 3.3% in September. However, the fall has not been consistent across different socio-economic groups.
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Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
