You are viewing:-
you're reading...
1.Market Observations, 2.Economic forecasts, 8.Was Sticky

28 Jan 2016 (AFR) – Core inflation hits bottom of Reserve Bank of Australia’s target range

(28 January 2016, AFR, p1, by Jacob Greber)

‘Chances of a Reserve Bank of Australia official interest rate cut in the first quarter fell sharply amid the first tentative signs the sliding currency is pushing up the cost of imported goods. Headline consumer prices rose 0.4 per cent in the December quarter from the previous three months and 1.7 per cent from a year earlier, according to the Australian Bureau of Statistics. Analysts anticipated a more modest gain of 0.3 per cent and 1.6 per cent respectively.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: