Australian interest rates Featured Article

Australian inflation comes in cool

Wednesday 31 January 2018

The ABS has released Dec quarter CPI and it’s come in cool:

Headline and trimmed mean missed 10bps. Without taxes on fags it would have been a big miss. Given AUD so far in 2018, this is the likely the CPI top. There ain’t no inflation ‘ere.

AUD eased not whacked.

More to come.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.