High inflation and economic downturn strain Australians' physical and mental wellbeing.
Cost-of-living pressures from high inflation and an economic downturn are taking a toll on Australians' physical and mental wellbeing. Between March 2021 and March 2023, prices of goods and services rose substantially, with inflation impacting essentials and causing financial strain. Wealthier households have managed higher expenses by cutting discretionary spending, but the health effects of high inflation could last for some time.
March 14, 2024
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