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Businesses pass on fuel costs despite easing headline inflation

On the Money

On the Money Source: SBS News

Australia’s sharemarket rebounded after a softer-than-expected inflation report lifted hopes the RBA may hold interest rates in June, but ABS data showed some businesses are passing on higher fuel costs to consumers. SBS On the Money explores what the latest CPI figures mean for households, the Reserve Bank and investors, with analysis from Sunny Nguyen, Head of Australia Economics at Moody’s Analytics, and Niv Dagan from Peak Asset Management.


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Presented by Ricardo Goncalves

Source: SBS News


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Australia’s sharemarket rebounded after a softer-than-expected inflation report lifted hopes the RBA may hold interest rates in June, but ABS data showed some businesses are passing on higher fuel costs to consumers. SBS On the Money explores what the latest CPI figures mean for households, the Reserve Bank and investors, with analysis from Sunny Nguyen, Head of Australia Economics at Moody’s Analytics, and Niv Dagan from Peak Asset Management.


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