RBA’s Kohler: Tight labour market, demand for services to fuel domestic inflationary pressures

Market news

3 May 2023

RBA’s Kohler: Tight labour market, demand for services to fuel domestic inflationary pressures

Australia's central bank said on Wednesday that a rapid recovery in population growth was a big surprise for the bank's economic forecasts, pushing up rents and leading to an earlier-than-expected stabilisation in housing prices after months of losses.

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