Inflation Gauge drops for third month running

02 May 2016

 

With the March quarter headline inflation rate of -0.2% shocking markets and leading to the RBA cutting the official cash rate, investors will be watching carefully for signs that inflation is not continuing to fall. The official ABS statistics are released quarterly and so the monthly Inflation Gauge released by the Melbourne Institute will be heavily scrutinised to determine future interest rate direction. The latest data for April shows that consumer...

read full story