Tomorrow's CPI data release is expected to reveal how close the Reserve Bank is to pushing down inflation.
During last week's OCR update, the Bank was confident restrictions would get CPI back to the target one-to-three percent this year.
HSBC chief economist Paul Bloxham predicts that inflation would have slowed down this quarter.
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Paul Bloxham: HSBC Chief Economist ahead of Australia's 2026 federal budget
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