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AAP
AAP
Politics
Poppy Johnston

Australia's 2023 economic outlook unclear

Jim Chalmers warns the latest inflation indicator is yet to pick up higher grocery and energy costs. (Dean Lewins/AAP PHOTOS) (AAP)

After paying upwards of $10 for iceberg lettuces and enduring eight interest rate hikes in a row in 2022, households are apprehensive about Australia's economic prospects in the new year.

The path ahead for inflation is at the centre of economic fortunes domestically and around the world as central banks try to slow their economies gently and avoid a recessionary crash landing.

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