Inflation has hit 7.8% over the past year – so why aren’t Australians running for the hills? | Greg Jericho
by Greg Jericho from on (#686GX)
Despite the highest inflation growth in 32 years, the figures suggest a peak has likely been reached
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It says a bit about how the economy (both here and around the world) is in a very different place to a year ago when figures showing inflation is growing at 7.8% - the fastest since just before the 1990s recession - is met with some optimism that the worst is behind us, rather than having everyone run screaming for the hills.
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