
Is the cost of living falling fast enough for the RBA?
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Description
<p>There's been a bit of a win - consumers are tightening their belts. The monthly Consumer Price Index (CPI) indicator rose 5.6 per cent in the 12 months to May 2023. According to the Bureau of Statistics - that's the smallest increase since April last year. This episode the experts tackle the big question - is inflation going down fast enough to satisfy the Reserve Bank. And it's a crucial one to answer with the July RBA board meeting upon us. And happy new financial year. There's a key change about to be rolled out on wages while the experts explain how to use enterprise agreements and rents to predict what's coming down the inflation pipeline. Independent Economist <a href="https://www.linkedin.com/in/nicki-hutley-b6411812/">Nicki Hutley</a> and Economics Editor at The Conversation and visiting fellow at The Crawford School of Public Policy <a href="https://twitter.com/1petermartin">Peter Martin</a>, join <a href="https://www.linkedin.com/in/gillian-bowen-7b310215b/">Gillian</a> to explain.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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Is the cost of living falling fast enough for the RBA?
kyliesloo