Free Trial

ANZ write "our forecast is for headline...>

AUSTRALIA
AUSTRALIA: ANZ write "our forecast is for headline inflation in Q1 to be flat,
pushing the annual rate down to 1.4%. A sharp fall in petrol prices is the
largest negative for the headline figure, as in the prior quarter. Core
inflation is expected to rise by 0.4% q/q, which lowers the annual rate to 1.7%.
We see the risks to core inflation for the quarter as balanced. If core
inflation comes in at around 0.2% for the quarter, then in our view, there is a
real possibility the RBA will cut rates in May."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.