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Petrol is holding up inflation – the 7 graphs that show what's happening to prices and what it will mean for interest rates

  • Written by: John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
Petrol is holding up inflation – the 7 graphs that show what's happening to prices and what it will mean for interest ratesShutterstock

Today’s figures from the Australian Bureau of Statistics show inflation fell in the September quarter for the third consecutive quarter.

But petrol prices kept it uncomfortably high.

After reaching a 30-year high of 7.8% at the end of 2022, annual inflation as measured by the quarterly index slid to 7% in the March quarter, fell...

Read more: Petrol is holding up inflation – the 7 graphs that show what's happening to prices and what it will...

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