Consumer Price Index (CPI) indicator

Banks and entities have released new analyses and forecasts after the latest inflation data came in higher than expected.

The federal budget 2023–24 has allocated funds towards the ABS to deliver on new initiatives.

The consumer price index rose to 30-year highs in the year to November, latest ABS figures have revealed.

Annual CPI hit its highest level since 1990, the latest ABS figures have confirmed.

Headline CPI is “likely to fall back” to around 6 per cent in Q2/23, major bank NAB has envisaged.