Australia’s ‘sticky’ inflation is predicted not to last long

Australia’s inflation won’t remain as “sticky” as central banks expect it to, according to NAB Corporate and Institutional Chief Economist Ivan Colhoun. “I think the services inflation will moderate and I think there’s a lot of goods inflation moderation to come,” Mr Colhoun told Sky News Business Editor Ross Greenwood. “But in Australia, our inflation, our wages adjustment has been later than any other parts of the country.”