Australian inflation rate has peaked and falling fast – but not fast enough for the interest rate boosters

Created
Wed, 26/04/2023 - 15:35
Updated
Wed, 26/04/2023 - 15:35
Today (April 26, 2023), the Australian Bureau of Statistics released the latest – Consumer Price Index, Australia – for the March-quarter 2023. It showed that the CPI rose 1.4 per cent in the quarter (down 0.4 points) and over the 12 months by 7 per cent (down 0.8 points). The monthly data, also released today…