Australia news live: Chalmers ‘prepared to consider’ more cost-of-living relief as economists tip inflation slowdown

Inflation data for November, to be released today, is expected to show the impact of pre-Christmas discounting. Follow the day’s news live

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More on holiday sales expected to contribute to a slowdown in inflation.

CBA economist Stephen Wu said:

Wednesday’s release will include an update on market services price inflation that was not available in October.

This will confirm the degree to which inflation remains a ‘homegrown and demand-driven’ issue, to use RBA Governor Michele Bullock’s words back in November.