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Inflation soars, but it's not as bad as it seems

The big jump for the CPI has created some dramatic headlines, but digging just a bit deeper into the data reveals a different story. On this episode of Dollars & Sense, Greg and Elinor discuss the latest inflation figures, which are the first to include the impact of the war in Iran, and why the RBA should take a step back and look at all the data, before they meet to assess interest rates next week. This discussion was recorded on Thursday 30 April 2026. Visit The Point for research, analysis, explainers and factchecks from experts at the Australia Institute and beyond. Host: Greg Jericho…

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