Nick Goodall

We haven't really heard from that too.

So that's going to have an influence, I think, on a broader perspective.

So yeah, that's why I think it's so interesting at the moment.

The other thing I just want to touch on really briefly was we did have a couple of other, you know, those faster moving economic releases.

We had the performance of services index, which is obviously a pretty important one for February, came out last week.

That wasn't really good, but then the retail card spending data was better.

Selected price indices data, which I think makes 45% of the basket that came through too, showed higher inflation than expected in February.

So look, I don't want to go into too great a detail here, but I think ultimately, again, all this does is reinforce what we're talking about, which is we've got a stuttering economy.

It still hasn't even taken off

you know, really before all this conflict happened, it's going to have downward pressure on the broader economy.

And so, you know, we're in a pretty precarious position from an economic perspective.

And as you said, that means probably some downward pressure on inflation over the longer term.

But also we are in a heightened

inflation position too because it is higher than we thought you know all the other things that we're measuring and that's like food prices and and those insurances and all the other things are proving more sticky and longer lasting than we expected and so those are holding up more and maybe that means that reserve bank does need to do more to reduce the inflation of those things because if they're playing paying higher inflation for all those things on top of petrol that is not a good situation and they need to control that domestic inflation as well so

Yeah, it does put you and put them in particular in a pretty sticky spot.

You know, there's the term stagflations come back again, you know, that we're going to see a stagnant economy with inflation continuing to grow, which is the worst position for us to be in from a reserve bank perspective.

So, yeah, tricky spot.

We'll wait and see what they say.

I don't know, is there anything else you want to add on that lasting conversation around the economy, Calvin?

And then I just want to talk about a few things