- despite $A trend depreciation, minimal uptick in imported inflation owing to diminishing pricing power; may be due to e-commerce, entrance of foreign competition ie Uniqlo, H&M or simply lack of consumer demand
- stagnant unit labour costs -> suppressing cost-push inflation
- below trend...
I'm just starting out looking at the project and I'm just trying to sound out some ideas. I'm interested in economics so anything with a little bit of that underlaying the topic would be great. However I need something that I can properly attack from the historical angle with a bit of discourse...