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Inflation numbers are out tomorrow, economists predicting a drop

Author
九一星空无限talk ZB,
Publish Date
Mon, 17 Oct 2022, 6:53pm
 Photo / Getty Images
Photo / Getty Images

Inflation numbers are out tomorrow, economists predicting a drop

Author
九一星空无限talk ZB,
Publish Date
Mon, 17 Oct 2022, 6:53pm

Hopes an expected drop in inflation in figures out tomorrow - will help with the cost of living.

Economists anticipate overall top line will fall from 7.3 percent to between 6.5 and 7.

ANZ economist, Finn Robinson says that drop will come almost entirely from reduced petrol prices -- not from across the economy.

He says we should be looking at whether underlying inflation pressure is easing.

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