I am confused. If inflation is reducing, as we are led to believe when:- -Council rates -up -Energy prices-up and heading UP MORE? Energy prices effects most operations etc.. -Fuel - some up some down - say stable - Yet govt still increases its tax. -Groceries -up (I hold receipts to prove this -some prices same BUT contents down?) -Fruit & veg prices- mostly -up -Alcohol -up (the stay of execution by Elbo..on Hotel tap beer is a stunt .. A schooner can cost up to $15 -Productivity - down, which to my understanding increases prices. -Public Service huge increase in jobs which, from my understanding may increase inflation. (I stand to be corrected) -Government spending -up puts upward pressure on inflation. -House prices - mostly -up -Rents - up. -Building costs - up -Wages- up... Productivity -down
So how can our ABS come out with 'Inflation down?' Have had some dealings with the ABS many years ago. Was not impressed in their manner of operation at that time.
I am happy to be corrected. But please in a friendly manner. Thanks. Have posted similar on the Political Site with little comment.
