What was the highest annual inflation rate observed in December 2023, and why?
Mortgagor owner-occupier households experienced the highest annual inflation rate, reaching 6.3 per cent. This increase was mainly due to rising mortgage interest payments, reflecting changes in interest rates or other factors affecting mortgage costs.
Social
Valuation Services provided by Ringley's Valuation Team
Block Management Packages
Legal Services provided by Ringley Law
Building Surveying Services
Meet our Expert Property Commentators
What was the highest annual inflation rate observed in December 2023, and why?
Mortgagor owner-occupier households experienced the highest annual inflation rate, reaching 6.3 per cent. This increase was mainly due to rising mortgage interest payments, reflecting changes in interest rates or other factors affecting mortgage costs.
Valuation Services provided by The Ringley Group
Meet our Expert Property Commentators