Roy Morgan has released its inflation expectations survey for April, with Australians expecting inflation of only 3.7% over the next two years – well below the RBA’s inflation target of 2% to 3% inflation annually:
Inflation expectations have rebounded from their COVID low, but remain depressed.
However, it is the first time since June 2018 that Inflation Expectations are now higher than they were a year ago (3.6%).
