Inflation Expectations increased 0.3% points to 5.6% in March 2023 – the first monthly increase since November 2022

In March 2023 Australians expected inflation of 5.6% annually over the next two years, up 0.3% points from February 2023. The monthly increase in Inflation Expectations came before the RBA decided to pause (or perhaps even end) its cycle of interest rate rises in early April.

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