Australian Consumer Inflation Expectations survey for February 5.1% (prior 5.6%) | Forexlive

Consumer inflation expectations survey from the Melbourne Institute of Applied Economic and Social Research at the University of Melbourne.

• survey seeks to gauge the inflation expectations of Australian consumers over the next 12 months
• conducted monthly

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Lower CPI expectations will be welcomed by the Reserve Bank of Australia. Why?

I wrote about anchoring inflation expectations here if you need a refresher:

• The argument is that inflation expectations can become self-fulfilling. For example during times of increasing inflation – people see inflation rising so they tend to buy more quickly, thus prompting prices to rise faster. People expect faster inflation (i.e. its ‘unanchored’ … rising quickly)

There is more at that link.