Original article by Patrick Commins
The Australian Financial Review – Page: 21 : 29-Jul-19
The consensus of economists polled by Bloomberg is that Australia’s underlying inflation rate eased from 1.6 per cent to 1.5 per cent in the June quarter. The CPI data to be released by the Australian Bureau of Statistics on 31 July is likely to heighten expectations that the Reserve Bank will further ease monetary policy by October, while it might also boost the local sharemarket.
CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, RESERVE BANK OF AUSTRALIA, AMP CAPITAL INVESTORS LIMITED, STANDARD AND POOR’S ASX 200 INDEX