Inflation (CPI) Annual change
Inflation is the speed at which prices are rising. If the prices of things you and I buy go up quickly, then inflation is high. If those prices go up more slowly, then inflation is low.
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Inflation is the speed at which prices are rising. If the prices of things you and I buy go up quickly, then inflation is high. If those prices go up more slowly, then inflation is low.
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This graph shows a simple average for each bank's interest rate at 5pm on a Friday.
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This graph shows the OCR (official cash rate) which is the Reserve Bank’s interest rate, and they use it to control inflation.
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