Birdwatch Note Rating
2024-11-27 06:24:26 UTC - HELPFUL
Rated by Participant: 7F2C12B222B6C09E4DCC51DED31900051CAB62AD484C3767C76A95E929B4F66C
Participant Details
Original Note:
Misleading statement by Chalmers. The ABS has pointed out that this inflation figure is due to one-off subsidies. Underlying inflation, excluding subsidies is significantly worse. These subsidies are temporary, and prices will certainly move back up when they expire. https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/monthly-consumer-price-index-indicator/latest-release https://www.afr.com/policy/economy/australia-s-last-mile-inflation-looks-like-the-last-10-miles-20240428-p5fn25 https://au.investing.com/news/economic-indicators/australia-cpi-misses-expectations-in-oct-underlying-inflation-rises-3560572
All Note Details