Inflation Is Still Alive And Well!

The latest monthly data from the ABS revealed that inflation at the top line and core both rose in November, despite changes to the weightings.

As a result, this puts more pressure on the RBA for at least a 25-basis point hike in the cash rate in early February. The markets are still expecting more rate rises ahead.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

Leave a Reply