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Headline CPI is “likely to fall back” to around 6 per cent in Q2/23, major bank NAB has envisaged.  

Reporter, brian chung, breaks down the numbers. >> overall, inflation picked up steam over the beginning of 2022. clocking in at 9% in june. the fastest pace of price increases since the 19 80s. food prices soared, a gallon of milk now averaging $4.22, chicken a buck 84 a pound, and a dozen great eggs $3.59 a dozen. all more expensive than this time last year. gas prices topped $5 a gallon in the summer before tilting below $3.50, in the later part of the year. and then rent, the biggest spend for most households, jumping 78%. inflation did show signs of backing off the later parts of the year...

This is a nato reporter brian chong breaks down the numbers. >> inflation picked up steam over the beginning of 2022, clocking in at 9% in june, the fastest pace of price increases since the 19 80s. food prices soared, a gallon of milk averaging $4.22. chicken, $1.84 per pound, and it doesn't grade a eggs $2.49. gas prices topped $5 per gallon in the summer before tilting below $3.50 in the later part of the year. rent, the biggest spent for most households, jumped 7% 8%. inflation showed times of backing off of the litter parts of the year as federal reserve accelerated the pace of interest r...

>> overall inflation picked up steam over the beginning o 2020, to clocking in at 9% i june, the fastest pace of pric increases since the 19 80s food prices soared, a gallon o milk now averaging $4.22 chicken, $1.84 pound, and dozen great a egg $3.59 dozen. all more expensive than this time last year gas prices topped $5 a gallo in the summer before childre below $3.50 in the later par of the ear and then rand, th biggest express our most hel souls joining seven to 8%. inflation did show - in the later part of the air a the federal reserve exhilarate the base of its interest rat increases. >> ...

$4.22. and a dozen eggs $3.59. all more expensive than this time last year. gas prices, topped $5 in the summer before ult itting before $3.50 in the later part of the year. then rent, the biggest spend for most households jumping 7 to 8%. inflation did show signs of backing off in the later parts of the year as the reserve accelerated the pace of the interest rate increases. >> three quarters a percentage point. >> the fed continued to raise rates at a pace not seen in decades. the idea to make borrowing costs expensive to slow the economy. the sharpest slowdowns in the housing market where h...