Matcha inflation is a thing, and it’s getting in the RBA’s way

Has the smashed avo brigade been quietly displaced at the top of the inflation pecking order? For what it’s worth, I am betting on overpriced frozen yoghurt, or the new and improved Yo-Chi Gen Zs, to feature strongly in the takeaway and fast foods section of the Consumer Price Index this year.

Anecdotally, call it a liaison initiative, but queuing for 90 minutes for a frozen yoghurt is simply one leading indicator that Gen Zs are back and with all the spending power that they once had.

Source: https://www.afr.com/markets/debt-markets/matcha-inflation-is-a-thing-and-it-s-getting-in-the-rba-s-way-20260122-p5nwb2