Bloomberg Daybreak: Europe Edition cover image

Bloomberg Daybreak Weekend: The Fed, The King, The President

Bloomberg Daybreak: Europe Edition

00:00

The RBA's 7% Quarter on Year Growth

The RBA was looking for a 7.4%, so there's a lower starting point for them. But the type of inflation that we're getting now is switching in Australia. So goods inflation has very much fallen away. And this is what we were expecting to be happening. That transitory inflation is transiting out. There was still, we've still got 7% so far. We had some pretty sizable impacts coming through some numbers in the health side of things on education. Especially university fees was a big factor there.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app