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ABC News
ABC News
Business

Australians are struggling with increasing cost-of-living pressures. Here's how inflation is driving up the prices of common goods

Inflation Gary Andy Kelvin Meredith Insurance

As inflation rose higher than expected during 2022, the rise in the cost of living has significantly impacted Australians in many different areas of their lives.

The official Consumer Price Index (CPI) figures for 2022 were released on Wednesday, and they increased higher than economists were tipping.

Use the interactive below to complete the line graph and see how the CPI has risen during the past four years.

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