Business predicts decreasing inflation

A Survey of 500 Australian businesses indicates a positive future that inflation will drop within the next year from 3.8% to 2.8%.

The Survey also suggested that smaller price increases could be the step of flattening inflation.

Thomas Koutis spoke to Dr Ben Wang, an Associate Professor in the Department of Economics and Centre for Risk Analytics at the Macquarie University Business School.

According to Dr Ben Wang, he says “Given what we see, we are seeing good signs coming out”.

Image: Image: Shutterstock – alexandrazarnescu

Produced By: Thomas Koutis

Featured In Story: Dr Ben Wang – Associate Professor in the Department of Economics and Centre for Risk Analytics at the Macquarie University Business School.

First aired on The Wire, Wednesday 19 February 2025