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EPISODE · Nov 29, 2023 · 4 MIN

Inflation slows but still high at 4.9pc as RBA governor says Australians are "doing fine"

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

The latest measure of inflation, October's monthly Consumer Price Index, comes in at 4.9 per cent, down from 5.6 per cent in the 12 months to September as the impact of 13 rate hikes flows through the economy. Also Reserve Bank governor Michele Bullock says Australians are "doing fine" and coping higher mortgage repayments. Reporter: Peter Ryan, Senior Business Correspondent Featured: Michele Bullock, Reserve Bank governor Keywords:

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Inflation slows but still high at 4.9pc as RBA governor says Australians are "doing fine"

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