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oversight findingVerified

CPI inflation reaches 7.8 percent in the December 2022 quarter

On 25 January 2023 the ABS reported that the Consumer Price Index rose 7.8 percent through the year to the December 2022 quarter, the highest annual CPI since 1990. In the causal graph this event strengthens Inflationary Pressure, a driver that strengthens Global Consumer Price Inflation (annual %) — an improving welfare path.

CPI inflation reaches 7.8 percent in the December 2022 quarter

Sources: [1][2]

Read the full account

On 25 January 2023 the ABS reported that the Consumer Price Index rose 7.8 percent through the year to the December 2022 quarter, the highest annual CPI since 1990. Electricity, travel, and housing were large contributors. Albanese was already prime minister.

Context

Ukraine-war and supply-chain weather sat as parent. Neighbouring Stage 3 rewrite is a later cost-of-living file. He did not sit as the RBA.

2022 election is the parent office. Stage 3 January 2024 is a child fiscal file.

The Prime Minister of Australia chairs Cabinet and advises the Governor-General. Parliament enacts; the Governor-General assents. He does not write a High Court judgment, a state housing approval, or a US AUKUS submarine yard print.

Why it matters

The path is inflationary pressure and household purchasing power: a completed 7.8 percent CPI year under his first ministry.

Who was responsible

Contribution type and responsibility level for each recorded actor — not sole-author shorthand.

  • Anthony Albanese

    Person

    Direct responsibility

    responsibility level 0.5 · verified

    ABS measured. RBA set rates. He owned the federal executive’s fiscal-and-energy file. Ukraine war sat as parent weather.

What changed

Fact → Driver → Indicator. Relationship strength orders the paths; it is not the observed indicator movement.

Evidence

The sources behind this fact and its verification state.

Verified2 sources on file
  1. 1.RBA Statement on Monetary Policy February 2023 — inflation chapterReserve Bank of Australia · High credibility · verified
  2. 2.ABS — Consumer Price Index, December Quarter 2022Australian Bureau of Statistics · High credibility · verified
What the sources establish

Australian Bureau of Statistics carries the official instrument or communique. Reserve Bank of Australia records the same dated act independently.

Established: December 2022 quarter 7.8 percent CPI, independently reported.

Not established: that he uniquely authored global energy prices, or a unique later real-wage coefficient from that quarter.

RBA set rates. He owned the federal executive’s fiscal-and-energy file. Ukraine war sat as parent weather.. A later repeal, court stay, or successor order would be a different Fact with a different date. That pair identifies CPI inflation reaches 7.8 percent in the December 2022 quarter, not a later speech about CPI inflation reaches 7.8 percent in the December 2022 quarter.

Co-authors and later implementers named in Context remain on the file. If a later repeal, stay, or successor instrument exists, it needs its own date and its own row. The contribution described on this Person row is limited to ABS measured. RBA set rates. Ukraine war sat as parent weather. That limit is the alternative to treating office-holding as authorship of every later series.

Causal path

How this event connects to drivers and indicators in the graph.

  1. ActorAnthony Albanese
  2. contributed toFactCPI inflation reaches 7.8 percent in the December 2022 quarter
  3. strengthensDrivers (2)Inflationary Pressure
  4. strengthensIndicatorGlobal Consumer Price Inflation (annual %)

Cite this page

Factrail. (2026). CPI inflation reaches 7.8 percent in the December 2022 quarter. Factrail. https://factrail.ai/facts/au-cpi-2022

https://factrail.ai/facts/au-cpi-2022

Accessed 16 October 2026.

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