If inflation is falling, why aren’t my expenses?

The latest monthly figures show inflation in Australia has fallen from 7.4% to 6.8%, but that’s still a significant rise. What does it mean?

If inflation is falling, why aren’t my expenses?

Inflation has fallen in Australia for the second month in a row according to

You have read 0 articles this year.

Your contribution ensures The Daily Aus can continue doing the work you love.

So, are prices are falling?

No. While it is a positive sign that inflation has fallen, the numbers show prices are rising at a slower rate, not that prices are falling.

What is inflation?

Get Australia's free morning news brief.

Trusted by 400,000 Australians. Free, every weekday.

Already subscribed? Just enter your email above. Privacy Policy.