The June quarter inflation figures came in below expectations, easing pressure on the Reserve Bank ahead of its next meeting. But the fight against inflation is far from over.

Sean Aylmer speaks with Warren Hogan, Managing Director of EQ Economics and Economic Advisor at Judo Bank, about why the latest inflation data was better than feared, why business cost pressures remain intense, what could reignite inflation, and why he believes the Reserve Bank may still have to lift interest rates again.