Back to Resource Hub
Research Briefing

Australia | New spending patterns don’t change inflation outlook

Copy of Ipad Frame (20)

CPI inflation rates will remain volatile in 2021, with both headline and core
measures set to spike to the top of (or possibly above) the RBA’s target range
in Q2 2021. But these movements will be more indicative of pandemic-related abnormal price changes in 2020 than developments in 2021; the RBA will ‘look through’ these movements in their interest rate decisions.

Download the report to find out:

  • What the underlying inflation outlook is for Australia
  • How spending patterns are reflected in CPI weights 
  • The impact weak wage growth will have on services inflation
Tags: AustraliaCoronavirusRecovery
Share: Email | LinkedIn | Twitter
Back to Resource Hub

Related Services

Takaichi’s big win doesn’t affect the fiscal outlook for Japan

Takaichi’s big win doesn’t affect the fiscal outlook for Japan

The ruling Liberal Democratic Party's (LDP) landslide election victory on Sunday doesn't change our expectation of a primary fiscal deficit of 2%-3% of GDP in FY2026-FY2028 – we still see the deficit only starting to decline from FY2029. We also keep our view that the 10-year Japanese government bond (JGB) yield will be at 2.3% at end-2026 and 2.5% at end-2027 and beyond.
US and Chinese strength won’t boost all other economies

US and Chinese strength won’t boost all other economies

Upward revisions to US and Chinese GDP growth in Q4 meant that the previously anticipated soft end to 2025 failed to materialise.