Australian inflation forecast raised towards 5% y/y

  • ANZ cite inflationary effects from Russia's war on Ukraine and the floods in areas of Australia's east coast

ANZ forecast headline inflation getting close to 5%

  • On top of the devastating human costs of the conflict in Ukraine and flooding on Australia’s east coast, both events will have inflationary effects.
  • We have upgraded our near-term inflation forecasts
Australia cpi 10 March 2022
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