Insurance is an outlier for you so you don't include it in the inflation statistics? It forms 6%of the basket of goods in the Australian CPI. Health insurance has risen by 3% in the last year as allowed by the government. Home, general and car insurance has risen by 20%, reflecting the skyrocketing cost of parts, materials and labour, significant numbers of weather events. Insurers are bleeding red ink.
The CPI includes 'utilities' which is electricity, gas and other household energy costs, also a separate category for 'automotive fuel costs'.
You will get the right information here bas10, while you your mate The Analyst post stuff to make your argument. Ironic
Insurance is an outlier for you so you don't include it in the...
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