Roy Morgan’s inflation expectations survey for June has been released which reports that Australians expected inflation of 4% over the next two years, up 0.3% and the highest Inflation Expectations since the pandemic began. Inflation Expectations are also now 0.8% higher than they were a year ago – the biggest year-over-year increase since the series began in 2010:
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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