Inflation to take 12 months to fall according to economists

Inflation to take 12 months to fall according to economists

Inflation will take at least 12 months to fall to the Reserve Bank’s target according to the median forecast of 37 economists.

The Financial Review’s quarterly survey does not expect underlying inflation to fall between 2 to 3 per cent until June next year.

Treasury predicts the measure of headline inflation to return to 2.75 per cent by December 2024.

  • https://www.msn.com/en-au/news/other/inflation-to-take-12-months-to-fall-according-to-economists/ar-BB1paxnA?ocid=00000000

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