RBA'S HUNTER: INFLATION IN AUSTRALIA IS THE BIGGEST DRAG ON HOUSEHOLD CONSUMPTION

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The Reserve Bank of Australia (RBA) Assistant Governor (Economics) Sarah Hunter spoke on a panel at the AFR Business Summit on Tuesday about the economic and inflation outlook. 

Key quotes

“Q4 GDP largely in line with forecasts.”

“Recent inflation data also consistent with forecasts.”

“Inflation the biggest drag on household consumption.”

“Households are clearly struggling at present


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