Hardly anyone believes that prices are really increasing by only 1.9% per year. The fault lies with us, and also the way the Bureau of Statistics adjusts prices for 'quality'.
Economic issues overseas could be more important for the Australian economy than domestic factors - in the next few months at least.
Low inflation and painful wage growth mean the Reserve Bank has extended its freeze on interest rates for an almost unprecedented 18th straight meeting.
With 2018 likely to see US and Australian interest rates diverge, Australian investors are on the lookout for nascent signs of inflation, writes Richard Holden.
If it's so easy to fix a nation's economic ills by simply running the printing presses round the clock then why doesn't everyone do it, asks Richard Holden.
Australia's "deflation" shock makes for higher expectations of a budget day rate cut, writes Richard Holden.
The key economic news this week focussed on what the United States Federal Reserve did with interest rates, and what the Reserve Bank of Australia is likely to do, writes Richard Holden.
To really understand the risks in the economic outlook, it is important to step back from a story-telling approach and take an an objective look at the data, writes James Morely.
Despite a topsy turvy global economy, inflation has remained stable in Australia and we should expect more of the same, writes James Morley.