21 Apr 2022

Inflation figures set to be highest in 30 years

From Morning Report, 7:09 am on 21 April 2022

Cash-strapped households won't be surprised when inflation figures released later this morning show the biggest annual rise in more than 30 years.

Economists are predicting about a 7 percent lift for the annual rate - the highest since June 1990.

Food, fuel and accommodation are expected to be the main drivers, but the numbers will also give us a glimpse into how entrenched the price hikes are and how long they might last.

Emma Hatton reports.