I am no expert in economics but my observation as per my post below may explain why GP is not moving (actually going negative!) or why the headline Yr-toYr inflation may not have any relevance or impact on GP movement.
<iframe src="https://hotcopper.com.au/threads/its-all-about-the-hub-the-golden-goose.5891821/?post_id=53109385&embed=1" width="500" height="1042" style="border:1px solid #DADADA;overflow:hidden" scrolling="no" frameborder="0" allowTransparency="true" allow="encrypted-media"></iframe>
Cheers.
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