CPI in detail: Bullhawks crash!
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The Australian Bureau of Statistics (ABS) has released the Consumer Price Index (CPI) data for the March quarter 0f 2019, which registered plummeting headline and underlying inflation on weakening domestic demand.
According to the ABS, headline CPI was flat (0% growth) in the March quarter, 0.5% below the December quarter’s 0.5%:

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About the author

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.
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