Original article by Roy Morgan
Market Research Update – Page: Online : 31-Jan-24

The latest weekly Inflation Expectations are at 5.1% for the week of January 22-28, which is in line with the four-week average of 5.1% and 0.2% points lower than the month of December. A look at the monthly Inflation Expectations for December shows the measure at 5.3% for the month, a decrease of 0.1% points on November (5.4%). Inflation Expectations are following a similar trend as the broader official ABS inflation measure. The lower-than-expected inflation reading for November has raised hopes that the RBA will not undertake any further interest rate increases. The ABS will release the December quarterly and monthly inflation readings later this week, which will inform the RBA’s actions at their first meeting of the year next week. The data for the Inflation Expectations series is drawn from the Roy Morgan Single Source, which has interviewed an average of around 5,100 Australians aged 14+ per month over the last decade, and includes interviews with 6,028 Australians aged 14+ in December 2023.

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ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS