ONLY CHARTS #304
Aus household inflation & wage expectations, China CPI, NZ Truckometer
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1. Both the weekly and monthly measures of consumer inflation expectations in Australia have fallen considerably.
The long-running monthly Melbourne Institute measure is back to the 1995-2019 average.
2. The decline in consumer inflation expectations - and falling job turnover - is likely to have kept downward pressure on wages growth into 2025.
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