Roy Morgan Research has released its inflations expectations survey, which have cratered to a near record low 3.6% over the next two years:
Women expect price increases of 4.2% per year over the next two years while men expect prices to increase 3%. This gap is evident for all age groups and most pronounced for those aged 50-64. Women aged 50-64 expect inflation of 5.2% – higher than any other age group, while men expect inflation of only 3.2%.
Longer-term trends show the inflation expectations of women average being 0.8% higher than men. Another trend we see consistently is higher inflation expectations for older Australians aged 50+ compared to those under that age which is confirmed by the latest April figures…
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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.
