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The New Daily
The New Daily
Business
Matthew Elmas

‘Greater insight’: ABS unveils monthly inflation reports as cost-of-living crisis bites

More frequent inflation data will make it easier for the RBA to tame inflation without crashing the economy, experts say. Photo: TND

Households and the Reserve Bank will get a much closer look into when soaring inflation peaks later this year as the official statistics body prepares to move towards more frequent price reports.

In a move welcomed by experts, industry and the government on Wednesday, the Australian Bureau of Statistics unveiled plans to publish monthly inflation data from October.

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