TD inflation gauge flat in October [UPDATED]

02 November 2015

 

The TD Securities Melbourne Institute Monthly inflation gauge indicator showed there was no change in consumer prices over the month. It put the annual rate of inflation at 1.8%. Head of TD Securities Asia Pacific research, Annette Beacher, said despite inflation being below the RBA’s target inflation band of 2.0% to 3.0%, the RBA was unlikely to cut rates on 2 November when it next meets. This is in line...

read full story