In response to requests from teachers, the RBA has recently published a brand new explainer, talking about inflation.
Causes of Inflation describes what inflation is and the main causes of changes in the inflation rate.
The RBA’s Explainer series provides explanation of key economic concepts, the Australian economy and the role of the Reserve Bank. The resources have been developed with education specialists and professionals to support an array of learning experiences.
Read more here: https://www.rba.gov.au/education/resources/explainers/causes-of-inflation.html