Glenn Stevens’ winning roast dinner

A mixed bag of inflation evens out to another win for the Reserve Bank. Wages look to be rising in real terms this year, and many common items are being priced lower.

The consumer price index for the September quarter confirmed Australia’s annual inflation rate at 2.2 per cent. It is yet another low outcome, locking in another reading where inflation has been within the target band for the Reserve Bank of Australia.


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