Confidence slumps after flood disaster

According to the Melbourne Institute Survey of Consumer Inflationary Expectations, inflation expectations jumped to 4.6 per cent in January, following a decrease of 2.8 per cent in December.

Melbourne Institute research fellow Dr. Michael Chua, said this month’s survey picked up an overwhelming concern with price hikes.

You’re out of free articles for this month

Log in Sign up

To continue reading the rest of this article, please log in.

Username or Email

Password Forgot password?

Keep me signed in on this device.

If you check this box before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later.

If you check the box above before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later.

---

or

---

Login with a Passkey

“The impact of the flood is likely to reduce economic growth this quarter; this should reduce the probability of the RBA raising the cash rate,” Mr Chua said.

Tags:

• Latest

Share