Justin Smirk, analyst at Westpac, suggests that the moderating housing costs, competitive retailing & low inflation expectations have locked in low inflation for the Australian economy. Key Quotes “The CPI rose 0.5%/1.8%yr in Q4; the average of the RBA core inflation measures rose 0.4%qtr/1.8%yr. Inflation continues to hold under the RBA’s target band and with the two quarter annualised pace running at 1.2% suggests it is unlikely get back into the band anytime soon.” “Moderating housing inflation has been key to containing inflation below the RBA target band. Even with our expectation for a modest lift in housing inflation through 2020, we still don’t see it being able to sustain inflation within the target band.” “With downside risks to dwellings and rents inflation in the CPI, downside risks are apparent for our forecasts for both headline and core inflation.” “Our preliminary estimate for the March quarter 2019 CPI is 0.1%qtr /1.4%yr for headline and 0.4%qtr/1.6%yr for the average of the core measures.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Eurozone: Downside risks to core inflation – TDS FX Street 4 years Justin Smirk, analyst at Westpac, suggests that the moderating housing costs, competitive retailing & low inflation expectations have locked in low inflation for the Australian economy. Key Quotes "The CPI rose 0.5%/1.8%yr in Q4; the average of the RBA core inflation measures rose 0.4%qtr/1.8%yr. Inflation continues to hold under the RBA's target band and with the two quarter annualised pace running at 1.2% suggests it is unlikely get back into the band anytime soon." "Moderating housing inflation has been key to containing inflation below the RBA target band. Even with our expectation for a modest lift in housing inflation through… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
