Inflation expectations fall

From the Melbourne Insitute, inflation expectations fell 0.3% in February to 2.5% on the RBA hold. Sensible enough assessment I guess.


David Llewellyn-Smith
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  1. Inflation expectations fall because every backward looking commentator in the country is telling them inflation is going to fall.
    Not sure why they would bother spending the money to measure this.

    When the huge wave arrives it will be like the GFC ‘No one could have possibly seen this coming’

    Sometimes I just despair of anything sensible being done or even said.

    • Then why the prices of most of the basic food, like bread and vegetables for example, are up? The house prices are not included in the inflation index, am I right, as per MB, and all this rubbish on the market which is “sale” by retailers is as much expensive as the quality is just not good enough even for 1/4 of the original price.