INFLATION figures to be released on Wednesday are expected to be low enough to allow for more interest rate cuts.
The consumer price index, the key measure of inflation, is expected to rise by 0.6 per cent in the first three months of 2013 for an annual rate of 2.7 per cent, an AAP survey of 13 economists shows.
AMP chief economist Shane Oliver said continued benign inflation will leave the door open for further rate cuts by the Reserve Bank of Australia.
"In fact, an outcome of 0.4 per cent or below for underlying inflation could bring forward a rate cut to the May meeting (of the RBA board), given the soft run of global and Australian data we have seen lately," Dr Oliver said.
The median forecast for underlying inflation, which excludes volatile price movements, is 0.5 per cent in the March quarter and 2.5 per cent over the year to March.
The Reserve Bank of Australia has kept the cash rate at three per cent since the start of 2013, after reducing it four times in 2012.
Anda sedang membaca artikel tentang
Inflation expected to stay benign
Dengan url
http://kucinginet.blogspot.com/2013/04/inflation-expected-to-stay-benign.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Inflation expected to stay benign
namun jangan lupa untuk meletakkan link
Inflation expected to stay benign
sebagai sumbernya
0 komentar:
Posting Komentar