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AAP

Business

Callum Godde

SHOCKING: Inflation tipped to peak in fresh data - What They Never Told You

Inflation Craig James RBA Australia CommSec

The price of many consumer staples has soared despite the RBA's attempts to brink inflation down. (Joel Carrett/AAP PHOTOS) (AAP)

Economists are optimistic Australia's sky-high inflation will start to come back to earth after the release of fresh data on the cost-of-living crisis.

The Australian Bureau of Statistics will unveil Consumer Price Index (CPI) figures for the December quarter on Wednesday amid soaring costs for many household staples.

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