Inflation in the December quarter showed a marked slowing, but it's unlikely to lead to an interest rate cut, Glenn Dyer and Bernard Keane write.
Australia's already low inflation rate has fallen further, while wages are likely to remain subdued -- meaning lower demand in the economy, something business isn't very happy about, Glenn Dyer and Bernard Keane write.
While inflation overall is flat, there are a couple of signs the RBA won't be sufficiently satisfied to go for one more rate cut. Glenn Dyer and Bernard Keane report.
More benign inflation data shows "cost of living" complaints are unfounded, and gives the RBA some room to move rates downward. Glenn Dyer and Bernard Keane look at the numbers.
With growth running at more than 3%, the terms of trade at record levels, unemployment falling, the Australian economy remains in the sweetest of sweet spots for the moment with inflation under control and trending lower.
The Reserve Bank has called for the Australian Bureau of Statistics to move the Consumer Price Index to a more frequent publication schedule, urging that it be published monthly, rather than quarterly.
Eggs, bacon and milk are all have all become cheaper over the past year, according to the latest Consumer Price Index figures -- but you'll be slugged extra if you want to read the paper with your breakkie. Craig James rounds up these and other interesting CPI stats.
Despite the rate rise hyperbole, there were winners and losers in the December quarter's Consumer Price Index figures released by the ABS, with the headline rate of inflation halved and the annual rate of CPI jumping.
The cost pressures seen in the September quarter, especially from government cost increases, seemed to vanish from Australian industry in the three months ending December 31.