Inflation figures came out last week, and the annual figure tumbled from 3.8 per cent to 2.8 per cent - the lowest since the March quarter of 2021.

And it's welcome news for at least some of your grocery shop with bread prices, which were climbing at 14 per cent in Sydney and Melbourne a year ago, are now climbing at only 1.2 per cent.

And cheese is getting cheaper too.

So is the cost-of-living crisis over? And what can Australians expect from the Reserve Bank meeting on Tuesday?

Senior economics correspondent Shane Wright, and economics writer Millie Muroi, talk us through what the new inflation figures mean for you.



For more

Read...Shane Wright's 'There’s your inflation rate – then there’s the Reserve Bank’s rate', The Age and Sydney Morning Herald.

Watch...'Inflation falls, but don't expect cuts to follow', ABC's The Business.

Inflation figures came out last week, and the annual figure tumbled from 3.8 per cent to 2.8 per cent - the lowest since the March quarter of 2021.
And it's welcome news for at least some of your grocery shop with bread prices, which were climbing at 14 per cent in Sydney and Melbourne a year ago, are now climbing at only 1.2 per cent.
And cheese is getting cheaper too.
So is the cost-of-living crisis over? And what can Australians expect from the Reserve Bank meeting on Tuesday?
Senior economics correspondent Shane Wright, and economics writer Millie Muroi, talk us through what the new inflation figures mean for you.
 
For more
Read...Shane Wright's<a href="https://www.smh.com.au/politics/federal/there-s-your-inflation-rate-then-there-s-the-reserve-bank-s-rate-20241030-p5kmgt.html"> 'There’s your inflation rate – then there’s the Reserve Bank’s rate'</a>, The Age and Sydney Morning Herald.
Watch...<a href="https://www.youtube.com/watch?v=xp66TFI7LJU">'Inflation falls, but don't expect cuts to follow'</a>, ABC's The Business.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

Inflation is down and the reserve bank meets tomorrow. Is the squeeze over?

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/5e4ea1e8-8fa5-459b-952f-b21b00a8f783/transcript

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