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AAP
AAP
Politics
Kat Wong, Andrew Brown and Poppy Johnston

THE TRUTH ABOUT: Budget forecasts inflation back on target by year s end - The Untold Story

Higher fuel prices are curbing attempts to bring down the rate of inflation. (Lukas Coch/AAP PHOTOS)

The battle against inflation could still be won by Christmas based on official government forecasts - a lot faster than the latest Reserve Bank predictions.

Timing largely explains the gap, Finance Minister Katy Gallagher told ABC radio, with Treasury taking into account efforts to "put downward pressure on inflation" in Tuesday's federal budget.

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