![The most significant price rises in the quarter were petrol (up 5.7 per cent) and electricity (up 2.5 per cent), items ...](/web/20170426080315im_/http://www.smh.com.au/content/dam/images/g/v/7/f/n/w/image.related.wideLandscape.460x259.gvskqx.png/1493186846057.jpg)
'Pain spend' is hitting households where it hurts
Inflation is up, but it's not happy reading: Prices for essentials such as petrol and power show the biggest jumps as wages are barely lifting and debts are high. It doesn't bode well for consumer spending.