tag:blogger.com,1999:blog-8290544642025682538.post5429971468303786773..comments2024-03-07T20:31:22.418-07:00Comments on Central Bank News: Australia cuts rate 25 bps, says AUD higher than expectedcentralbanknews.infohttp://www.blogger.com/profile/16294624977261903583noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8290544642025682538.post-19676028435212227842013-05-27T19:55:35.777-06:002013-05-27T19:55:35.777-06:00Recent data on prices confirm that inflation is co...Recent data on prices confirm that inflation is consistent with the target and, if anything, a little lower than expected. The CPI rose by 2½ per cent over the past year, and measures of underlying inflation gave a broadly similar outcome. These results have been pushed up a little by the impact of the carbon price. Growth of labour costs has moderated slightly over recent quarters while productivity growth appears to be improving. This should help to lessen increases in prices for non-tradables. The Bank's forecast remains that inflation over the next one to two years will be consistent with the target.<br /><br /><a href="http://property-investments-basics.blogspot.com/" rel="nofollow">Property Investments</a>Anonymoushttps://www.blogger.com/profile/09146515211444523482noreply@blogger.com