Treasurer Jim Chalmers’ claim inflation “zigs and zags on the way down” as the government eyes 2.75 per cent inflation by the end of 2024 has been slammed by an economist who claims “there’s been no zags”.
Treasurer Jim Chalmers ' claim inflation"zigs and zags on the way down" has been reviled by a senior economist who argued"there's been no zigs" as data continues to point to further CPI grief.
Treasurer Jim Chalmers claimed Australia is seeing inflation zig and zig as it drops. Picture: NCA NewsWire / Max Mason-Hubers The economic expert then pointed to consecutive monthly CPI rises, with the biggest jump up to four per cent in May from 3.6 per cent in April. Inflation jumped to four per cent in April after either stagnating or increasing since December 2023. Picture: ABS
Jim Chalmers Judo Bank Consumer Price Index Inflation Interest Rate Rise Warren Hogan
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