Budget Paper No. 1: Budget Strategy and Outlook 2018-19 ...

Consumer price inflation is forecast to be 2¼ per cent through the year to the June quarter 2020 and 2½ per cent though the year to the June quarter 2021. Outlook for nominal GDP growth. Nominal GDP is forecast to grow by 5 per cent in 2018 19, 3¼ per cent in 2019 20 and 3¾ per cent in 2020 21 (Chart 6). ................
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