Reported at www.rossgittins.com: Inflation measurement in Australia, primarily calculated through CPI, serves as a rough estimate that may not accurately reflect individual household experiences due to varying spending habits.
While the CPI showed a 2.4% annual increase at the end of 2024, many households may perceive different inflation rates based on their particular expenditures, especially related to housing and interest rates, which are not fully accounted for in the CPI calculation.