Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Inflation tipped to fall

Staff Reporter 3 minute read

Consumer inflationary expectations eased in September, the Melbourne Institute’s Survey of Consumer Inflationary Expectations showed yesterday.

The median expected rate of inflation fell to 4.4 per cent in September, compared to 4.9 in August and 5.9 in July.

The proportion of respondents expecting inflation to fall within the RBA’s 2 to 3 per cent target also inched up from 8.8 to 9.8 per cent.

Sam Tsiaplias, research fellow at the Melbourne Institute, said the fall in inflationary expectations appeared “to be associated with the downward trend in crude oil prices” as well as “softer economic data” over the past weeks.

Advertisement
Advertisement

Published: 12-09-08

Today's other stories

 

Inflation tipped to fall
default
TheAdviser logo

If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Early bird tickets are on sale now. Work smarter, not harder, this year.

PROMOTED CONTENT


default

 

more from the adviser
Michael Russell MoneyQuest Brokerage head calls out ‘unacceptable’ turnaround delays

It is “unacceptable” that turnaround times in branches can be...

gentlmen handshake Ex-Time Home Loans director partners with AFG

The aggregator has partnered with former Time Home Loans director...

farmer ta 34% of farmers eyeing raised business investment

Roughly one-third of Australian farmers expect to increase their ...