Director / Editor: Victor Teboul, Ph.D.
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

Inflation isn't the 6.1% they say it is – for many of us, it is much lower

By Ben Phillips, Associate Professor, Centre for Social Research and Methods, Director, Centre for Economic Policy Research (CEPR), Australian National University
Share this article
We learnt last week inflation is officially 6.1% – way above the average over the past 20 years of 2.5%. This is right in the middle of the Reserve Bank’s 2-3% target band.

But although the rate is now 6.1%, not everybody faces it. It depends on what you buy.

Read complete article

© The Conversation -

Follow us on ...
Facebook Twitter