Inflation
- Thread starter PEI
- Start date
Mark
See Graph 1:
http://www.rba.gov.au/MonetaryPolicy/about_monetary_policy.html
Not an average, but you'll get the picture
MB
See Graph 1:
http://www.rba.gov.au/MonetaryPolicy/about_monetary_policy.html
Not an average, but you'll get the picture
MB
Here is a link to INDICATIVE INFLATION RATES - CPI
http://www.bendzulla.com.au/ref10.html
it may or may not be useful to you.
http://www.bendzulla.com.au/ref10.html
it may or may not be useful to you.
In case some people are wondering if past CPI figures can be used as an indication of future CPI, the answer is "by and large, no".
I personally factor in either 2.75 or 3.00% CPI pa (the upper bounds of the RBA's 2 - 3% target) when I run excel spreadsheets.
The relatively large inflation spike in Graph 1 (above) was as a result of the effect of the GST. Aside from that we have basically had 12 years or so of sub 4% CPI.
For those who have the time / inclination, you'll find that link on Monetary Policy a worthwhile read.
MB
I personally factor in either 2.75 or 3.00% CPI pa (the upper bounds of the RBA's 2 - 3% target) when I run excel spreadsheets.
The relatively large inflation spike in Graph 1 (above) was as a result of the effect of the GST. Aside from that we have basically had 12 years or so of sub 4% CPI.
For those who have the time / inclination, you'll find that link on Monetary Policy a worthwhile read.
MB
