Inflation to stay benign despite food price spike
A CPI of 1.8% seems most likely – but keep an eye on those underlying pressures.
Rob Hosking
Mon, 16 Oct 2017
Despite a few offshore rumblings, there won’t be much to trouble the Reserve Bank in tomorrow’s inflation data.
The consumers' price index is out late tomorrow morning: General market consensus is for a 0.4% quarterly rise, taking the year-on-year increase from 1.7% to 1.8%.
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Rob Hosking
Mon, 16 Oct 2017
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