ausbiz: RBA to weigh sluggish growth with lacklustre productivity

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, says that despite significant population growth propping up aggregate demand, rate hikes are taking a toll on household sectors, and many find themselves in what feels like a recession. Reflecting on the recent September quarter GDP reading, Peter suggests sluggish growth but persistent inflation due to lacklustre productivity growth in Australia. Furthermore, he anticipates the next CPI print in late January to be crucial in determining future price changes. Watch the ausbiz video here: https://ausbiz.com.au/media/rba-to-weigh-sluggish-growth-with-lacklustre-productivity?videoId=33547&sectionId=1885