208 - Inflation Cools, But Services Stay Hot. Will Rate Cuts Come Sooner?
Nov 01, 2024•14 min
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Episode description
This week we look at the latest Australian inflation figures.
The September quarter CPI figures came in slightly better than expected, with the headline numbers showing a decrease in inflation. This was largely driven by government rebates and falling fuel prices. However, services inflation remains stubbornly high.
Additionally, some commentators are suggesting a December rate cut is possible...will Mark hold firm to his February prediction?
Read more from Mark on the AICD website: https://www.aicd.com.au/news-media/economic-weekly.html
Send feedback to: podcasts@aicd.com.au
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