<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

World

Could inflation hit 18.6 per cent?

22 August 2022

11:49 PM

22 August 2022

11:49 PM

When last month’s headline inflation figure was released, showing a rise to 10.1 per cent on the year, a little bit of optimism broke through the general discourse of outrage and horror: despite hitting double digits, might inflation be close to its peak? The main source of this optimism came from falling oil prices, which recently have been on a downward trajectory.

But that narrative is by no means the consensus.

Already a subscriber? Log in

Subscribe for just $2 a week

Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.

  • Unlimited access to spectator.com.au and app
  • The weekly edition on the Spectator Australia app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER


Comments

Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close