Producer Price Index figures released this morning show the global downturn has reduced price pressures in the Australian economy.
Producer Price Index
The brave new world of disinflation
Get set for a burst of disinflation as the much forecast fall in price pressures starts turning up in official statistics.
Rates to rise? Goldmans, Merrill Lynch think not
Two leading investment banks say they believe we won’t have an election rate rise, even though one, Goldman Sachs JBWere, has lifted its headline September quarter Consumer Price Index estimate to a worrying 1%, writes Glenn Dyer.
