“All of a sudden it is a big problem and now petrol prices are going up it's a bigger problem,”
“If the rise in petrol prices in the producer-price data is reflected in the CPI data, there is a risk the inflation rate could be 2.2 percent.”
“Haute couture was asleep. It was totally oriented around the Arab princesses. The more petrol prices went up, the more the princesses bought dresses.”
“The soaring price of petrol is now starting to pose a major threat to the Australian economy.”
“The good news for motorists and retailers alike is that petrol prices have potential to fall even further.”
“Consumer spending has been choppy over the past year in response to volatile petrol prices and a soft housing market. We believe that a recovery in consumer spending is now starting to take hold.”
“Petrol price rises are hurting our consumers. An extra $20 or $30 a week impacts what they can spend. The backdrop is not the best it has been.”
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