Economists predict inflation in February could rise to 3.5 per cent

February’s inflation numbers are set to be released on Wednesday, and economists are predicting it will rise slightly. Reportedly, February’s inflation is expected to rise to 3.5 per cent from January’s 3.4 per cent. “It’s because of services price inflation,” Sky News Business Reporter Edward Boyd said. “That’s the thing that Governor Bullock talked about at her press conference last week. “It’s things like rates that are still increasing pretty significantly for Australians.”