It’s official: Australia’s inflation woes are home grown
I argued last week that Australia’s globally high inflation is homegrown, as illustrated by services inflation tracking at 4.1% in the year to July, well above the broader trimmed mean inflation rate of 3.6%. Housing inflation is posing a particular problem for the Reserve Bank of Australia (RBA). It comprises nearly one quarter of the The post It’s official: Australia’s inflation woes are home…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
