Inflation falls to 4.1 per cent from 5.4 per cent in December quarter

Inflation has fallen to 4.1 per cent from 5.4 per cent in the December quarter. Sky News Business Reporter Edward Boyd says inflation is down a little bit more than anticipated. “The market was pricing in 4.3 per cent for inflation during the calendar year 2023, instead it’s gone down to 4.1 per cent," he said. “So looking on a quarterly basis, inflation during that December quarter increased by 0.6 per cent over that three-month period. "The market was expecting a 0.8 per cent increase in that December quarter so inflation has cooled a little bit more than anticipated."