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Australia's inflation rate is about to go monthly. Be careful what you wish for

By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra

Australia’s consumer price index is about to go monthly, meaning Australia will join most of the developed world in getting an update on inflation at the end of every month, instead of once every three months as at present.

Until now Australia has been the only member of the Group of 20 leading industrial nations not to provide monthly updates, and one of only two…

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