Aussie inflation expectations hit 7-year high
Advertisement
ANZ-Roy Morgan has released its weekly inflation expectations survey, which rose 0.2% back to its seven year high of 5.0%:

This follows Roy Morgan’s survey earlier this month, which also showed inflation expectations tracking near 5% over the next two years:

Advertisement
Higher petrol prices and supply chain bottlenecks are clearly having an impact.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement