Data Driven Storytelling Studio · Team Misery

Why do bills
still feel high?

Australia’s inflation through
household costs

Overall CPI+29.1%
Eggs+51.9%

Cumulative price change · March 2019–June 2026

Overall CPIEggs
Selected CPI price indexes from March 2019 to June 2026, rebased to March 2019 equals 100.PRICE INDEX · MARCH 2019 = 1001001201401602019202120232025Jun 2026

Hover across the lines to inspect each quarter

A national average can conceal different household pressures

ABS Consumer Price Index, June 2026, Table 18TEAM MISERY01 / 08

The human problem

The same headline.
Different responsibilities.

R

ANALYST

Ruce Banner

A briefing that holds up
when challenged

Which measure answers
the household question?

P

POLITICIAN

Pete Park

An explanation that respects
constituents’ experience

Which households face pressure,
and what needs investigation?

Team Misery, Reflective Journal #3Design personas, not interview findings02 / 08

01 · Rate versus level

Slower inflation.
Prices still higher.

Annual CPI inflation and rebased CPI price level, December 2022 to June 2025.ANNUAL INFLATION0%5%10%7.9%2.1%PRICE LEVEL · DECEMBER 2022 = 100100105110108.3Dec 2022Jun 2025
ABS CPI, June 2026, Table 17. Annual changes calculated from quarterly indexes.TEAM MISERY03 / 08

02 · Inside the weekly shop

Eggs rose faster than the average

March 2019–June 2026 · Different paths, one common comparison period

CPIEggsMilkPoultry
Selected CPI price indexes from March 2019 to June 2026, rebased to March 2019 equals 100.PRICE INDEX · MARCH 2019 = 1001001201401602019202120232025Jun 2026
Selected cumulative grocery price increases compared with overall CPI, March 2019 to June 2026.CUMULATIVE CHANGE0%20%40%60%Eggs51.9%Milk44.5%Snacks34.7%Bread34.5%Overall CPI29.1%Poultry18.2%

Poultry rose less than CPI. Individual items move differently.

ABS CPI, June 2026, Table 18. Selected items, not a complete shopping basket.TEAM MISERY04 / 08

03 · Household costs through time

One headline.
Different cost increases.

Overall CPIEmployee householdsAge pensioner households
Annual CPI and employee and age pensioner household living costs, March 2019 to June 2026.-2%0%2%4%6%8%10%2019202120232025Jun 2026ANNUAL CHANGE · QUARTERLY OBSERVATIONSJun 2023
ABS CPI and Selected Living Cost Indexes, June 2026 series.TEAM MISERY05 / 08

04 · Why the measures differ

Mortgage interest
changes the picture

Housing costCPILiving cost indexes
RentIncludedIncluded
New dwelling purchases, excluding landIncludedExcluded
Mortgage interestExcludedIncluded
Mortgage principal repaymentsExcludedExcluded

CPI measures acquisition prices.
Living cost indexes measure household outlays.

ABS, Measuring owner-occupied housing in the Consumer Price Index.TEAM MISERY06 / 08

05 · The room left in the budget

Essentials take more of a smaller budget

Two illustrative annual budgets constructed from published averages

Essentials take 63.5% of an illustrative 40,000 dollar budget and 25.2% of an illustrative 150,000 dollar budget.$40,00063.5%$25,413 allocated to essentials$150,00025.2%$37,823 allocated to essentials
EssentialsOther allocation
Illustrative annual allocation by category in the two example budgets.ANNUAL ALLOCATION$0k$10k$20kHousingGroceriesTransportElectricity
$40,000 budget$150,000 budget
Housing + groceries + transport + electricityEssentials: $25,413 / $37,823

Illustrative examples, not measured expenditure by matched households

Team Misery, Stage 2, Figure 4. Arithmetic recalculated from the stated allocations.TEAM MISERY07 / 08

The evidence changes their next steps

A headline needs
household context

RUCE’S BRIEFING

The relevant
household measure

Pair CPI with a household index.
State its source, period and limits.

PETE’S RESPONSE

The households
under pressure

Explain the differences.
Investigate a targeted response.

CPI describes average price change.
Household evidence helps explain the pressure.

Donghyun Kang, Inyou Jeon, Song Xie, Yuxuan Wang, Degeng Fu, Joshua Weir, Dhruv Chetan Shah

Slides

Sources and definitions

CPI and living-cost charts use the June 2026 publication vintage. Grocery changes are cumulative from March 2019. The annual budget examples are illustrative.