Q4 2021

Q4 2021

January 25, 2020

The headline CPI rose 1.3% in Q4 2021, taking annual inflation to 3.5% or back above the RBA’s target band.

The Q4 increase in CPI exceeded market expectations of 1.0% QoQ and 3.2% YoY.

The RBA’s preferred inflation gauge rose further, reaching the mid-point of the target band two years earlier than envisaged in the RBA’s most recent projection.

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