💸🏠I think it's worth being prepared for the fact that prices are likely to continue rising at a pretty high rate.This month's headline CPI figure is actually slightly lower than what many economists were expecting.However, the consensus is that inflation will continue to rise beyond 5 per cent over the coming months because the high price of fuel is flowing through to areas like housing, food and services.When it comes to what the Reserve Bank will do next week, things are less clear than a few days ago.The bank's preferred measure of inflation, underlying or trimmed mean inflation, was steady at 3.3 per cent, but still higher than what the central bank is aiming for (2.5 per cent).Before the figures came out, financial markets were almost certain interest rates would rise next week.However, that's been scaled back However, inflation is still well above the bank's target, so even though a lot of it is driven by a fuel price shock, the bank will be concerned that it will flow through to rising prices and wage demands more broadly.That's all I have for you this week