EconomyAustralia has especially high inflation, so why is it only mid-table on the misery index?

Australia’s inflation is higher than in comparable countries, but its labour market is stronger. Using the “misery index,” which adds unemployment and inflation rates, shifts Australia from the worst inflation position to the middle of the pack for overall economic pain.

Australiainflationunemploymentmisery index

TThe Guardian★★★☆☆2026-11-04 14:00Original